Management Reporting – using common methods to get your message across.

One of the common tasks within management is regular reporting of performance and issues. Finding the appropriate tool to communicate this is important as sharing data in a clear and concise method ensures performance and progress is understood and can be promulgated easily throughout the organization.

The most common form of business information that is generated is financial – this can take a variety of forms from P&L, Balance Sheet, Cash flow etc – However its important to remember that businesses have other things to communicate other than financial data such as personnel, marketing, customer satisfaction etc

There are a number of common management planning and analysis tools used within business that can be used to share this type of information. These provide a framework for communicating information and are useful in doing this in a standard routine way.

Examples of Management reports and communication methods.

SWOT Analysis Diagram– Identifies Strengths, Weaknesses Opportunities and Threats

SOFT – Simular to the SWOT, – Strengths Opportunities, Failures and Threats

PERT – Task Analysis model used to review Projects

Six Forces Model – Market Opportunities Model

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