management dashboard

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As we struggle to manage our business this time challenging, I'm a little surprised there was not much time given to the air - what we should measure and how we should use it. So here are some ideas - Things I know about the Management Control Panel:

• Monthly financial results should be available with seven working days after the end of the month. Again and operations team you are sleeping and this information becomes more useful with the second.
• All material must be accompanied by a statement metrics important '"explains why you should be worried or happy.
• All of the metrics that really should have comparables under budget, forecast and prior year.
• Financials from all business units must explain the story of what had just happened to use a big secret truth - there are only two reasons for any variance financial - the volume and yield. Suppose you sell a $ 2.4 million more software (which is bad) because - you sell 100 units more than $ 19k = $ 1.9m and you sell 500 units in total more than $ 1k per unit = $ 0.5m, which forms $ 2.4 million. It is important to know things like that.
• Trend over time is much easier to see from the chart.
• Graphics should be clearly labeled and their meaning is understood by the students of class 7.
• Written reports must be one / two pages with relevant and interesting backup relegated to an appendix.
• 70% of the bankrupt business is forecasting earnings for the three months will be posting bust.
• Technology has leveled the field of knowledge - the big question now want to know can be answered almost every time with the system or if you want - a job, what questions you need answers, before revamping your metric system.
• Sales of the metric needs to be traced back to the behavior of certain salesmen before accountability kick in (and therefore actions).
•  Salesman behavior is influenced by the powerful real-time data, long before the failure to produce the PO is common knowledge.
• Trailing 12 graphics is a powerful visual tool that extracts from seasonal disturbances.
• Only one has ever Annual Budget Approved - Revised Forecasts hereinafter changes otherwise you will be in a hell of a country!
• A budget is a spreadsheet from a set of interpretations of the material, a comprehensive policy statement.
• In almost every occasion when one of them look interesting metric.
• All metrics that cover all departments are connected - metric does not recognize the silo, the department - they just keep coming at you from every direction.
• A cash flow and profit & loss your only difference between the two balance sheets produced at the beginning and end of the period of time.
• Perfectly accurate monthly financial reports 10 days late is useless.
• Do you measure directly related to what you - your business into the Parish ratio that you need to measure, is irrelevant to 90% of other companies, is a good thing.
•  The wall is a good place to display accurate sales data have consistently measured and displayed in a recognizable format.
•  Measuring the reliability of forecasts improve forecast reliability.
•   Stopping the facts get in the way of good stories can be fatal.
•   Understand why we succeed is as important as why we fail.

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