The management accounts close on the 12th. The decision they inform was needed on the 3rd.

Most reporting problems are described as gaps in what gets measured. More often the content is fine and the delay is the thing doing the damage.

By Steve 4 min read
Abstract bridge artwork for The management accounts close on the 12th. The decision they inform was needed on the 3rd.

When a business decides its reporting isn’t good enough, the response is almost always additive. More lines in the pack. A new dashboard. A margin breakdown by service line that nobody had before. The assumption is that the information was missing. Often it wasn’t. The number existed, it was broadly right, and it arrived too late to change anything. That is a different fault entirely, and adding metrics makes it worse, because every additional item lengthens the close. Work out how old the information actually is Take a conventional monthly…

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