Management Reporting
All managers want reports at varying frequency or even ad hoc. The question is why do they need these reports? I feel it is for anyone of the below reasons They need them for decision making. This is mostly analysis of the past data or a report predicting the future based on various options. To give them an understanding on the working of a process. Are the key metrics being tracked, maintained within agreeable limits? Understanding the overall status of the project, how is it progressing against a timeline are there any risks or bumps ahead that can derail the project. Most of these reports are expected to be done by subordinates and most subordinates find it hard to build these reports and end up spending hours if not days doing these reports, taking them away from crucial operational issues that might require their attention. When managers request for reports they need to carefully consider the following Are the current systems and processes ...