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Typical management Reporting strategy

Typical management Reporting strategy. Prepared by Richard Maidenbaum. Overview. The effect of a lack of a M anagement Reporting & Data Management Strategy leads to poor or delayed decision making and could negatively impact results – Typical situations Systems not interfacing

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Typical management Reporting strategy

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  1. Typical management Reporting strategy Prepared by Richard Maidenbaum

  2. Overview • 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

  3. Management Reporting Strategy Management reporting strategy Identify needs and audience Turn data into actionable information Drive Decision Making Data Management Review Processes- Change Management

  4. 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

  5. REPORTING • The goal should be to integrate key drivers and metrics & results in a “one-stop-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

  6. Metrics and KPI’s and Scorecards etc.. Metric 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 Manual Source Data Feeds and extracts from relevant systems Collect Manual Source Data and budget inputs- Including target thresholds

  7. Overhead Reporting- End to End Overhead reporting Review Rules & Simplify Final Allocations Review Rules Review Rules 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

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