Transcript overview - Rich Maidenbaum

TYPICAL MANAGEMENT REPORTING STRATEGY
Prepared by Richard Maidenbaum
The effect of a lack of a Management
Reporting & Data Management Strategy
leads to poor or delayed decision making
and could negatively impact results
– Typical situations
Systems not interfacing
Manual Analytics and hoop jumping
An army of clerks instead of analysts
Spreadsheet mentality
Lack of good reporting tools
OVERVIEW
Overview
Turn data into
actionable
information
Review ProcessesChange Management
Identify needs and
audience
Drive
Decision
Making
Data Management
MANAGEMENT REPORTING STRATEGY
Management Reporting Strategy
 In simplistic terms the strategy for
reporting should be driven by the
following:
 Automating and Simplifying data
management (if it lives in a system it
can be fed to a repository)
 Clear objectives on what to report
and analyze
 Getting to the Why’s
 Robust tools and User Self Service
STRATEGY
STRATEGY
 The goal should be to integrate key
drivers and metrics & results in a “onestop-shop”
 Have the ability to easily report and
analyze data and measure success
 Deliver reporting in a myriad of ways
to the needed audience
 Easily customize data and reporting
for different audience and users etc.
 Eliminate unnecessary reporting
REPORTING
REPORTING
Delivery of User Information
Reports, Dashboards, Scorecards,
Presentations, User Interface Tools,
Portal, Mobile apps
Analytical Tools
Self Service user based tools for
analyzing and drilling through data
Data Warehouse
Dats Aggregation technologies –
single repository and custom data
marts
Transactional Data Systems
Feeds and extracts from relevant
systems
Manual Source Data
Collect Manual Source Data and
budget inputs- Including target
thresholds
METRIC REPORTING
Metrics and KPI’s and Scorecards etc..
Review Rules
& Simplify
Review Rules
Review Rules
Final
Allocations
Originator
Costs
Product
Pools
Direct Pools
End Result
Review
necessity of
Admin to
Admin
allocations
Build Trace
Back to
Origination
Build Trace
Back to
Origination
Should be
able to
quantify at
originator
cost level
OVERHEAD REPORTING
Overhead Reporting- End to End