The dashboard has forty metrics. Two of them arrive in time to matter.
Most management reports are accurate, thorough and useless for deciding anything, and the reason is not what they measure but when the number becomes readable.
SBy Steve··5 min read
A monthly pack lands with forty numbers on it. Revenue against budget, gross margin by division, headcount, utilisation, debtor days, a satisfaction score, a website conversion rate, three charts nobody remembers commissioning. The figures are accurate. The meeting to discuss them runs an hour. And at the end of it, the decisions taken are almost always the ones that were already going to be taken. The usual diagnosis is that the business is measuring the wrong things. Often it isn’t. The more common problem is that the numbers are true…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.