Management Consultancy

Management Information

Our approach to MI design and implemenation is based on the following steps:

Gain an understanding of the business:

The purpose of this is to gain an understanding of the business strategy and key performance measures. This is achieved by holding interviews with senior management.

Review existing management information:

This determines the content, the quality, the relevance, reliability and timeliness of the existing reports and the identity and needs of the different recipients.

Rationalise reporting packs:

This will review the current reporting output and determine appropriate actions. This seeks to redefine the business reports, concentrating on consistency, exception reporting and accountability. A style guide will be prepared that sets out format and content rules for all reports. This will initially be applied to the executive reports and then cascaded down through each layer of supporting reports.

Organisation structure:

The aim of this stream is to examine the organisation structure of the functional areas of the business and make amendments in line with current best practice. There is a particular focus on finance.

Analysis and report commissioning procedures:

This is to establish procedures to ensure that new reports and analysis are supported by a valid business case and are correctly authorised.

Reconciliation procedures: 

The aim of this is to design, test and implement reconciliation procedures to ensure that differences between reports are fully understood and investigated where necessary.

Define the specifications of the new reports:

This includes the specification of each new report so that it can be delivered by IT. It also includes the management of the production of the new reports.

Define common hierarchy:

This will form the foundation for consistent and comparable reporting sourced from all systems.

Systems enhancements:

This will enable the underlying systems to fulfil the new reporting needs.

System training:

This is to enable staff to understand the functionality capabilities of the reporting systems and to improve their use of those systems. The training will include documentation of processes and identification of data that impacts on different parts of the business.

Deliverables
 
  • A short report setting out which reports should be discarded, which require change and which should be retained.
  • A style guide.
  • New report commissioning procedures.
  • Reconciliation procedures.
  • Specifications for new and revised reports.