Making Monthly Reports Worth Reading

by Ross Maynard
access120 days access
cpd hours4 CPD hours
price£75+vat

This course will enable you to:

  • Clearly outline business strategies and KPIs in your monthly reports
  • Know what to report on, helping to lay the foundations for effective reports
  • Cater for different audience needs including understanding the best way to present data
  • Design and format monthly reporting dashboards
  • Help users interpret your reports
  • Use your reports to identify performance issues and provide solutions

Preparing monthly reports is a task we are all familiar with. But could you be doing more to use these reports to tell stories and drive business?

To use your monthly reports to inform business strategy, you need to understand who you are reporting to, what they need to know and how to share that information in the most coherent way.

From setting clear objectives to creating compelling visuals to bring stories to life, this course will improve the effectiveness of your reporting. You will look at organisational strategies, KPIs, presentation methods and learn how to structure and design your reports, making your reports worth reading every time.

Deciding what to report

  • What are the benefits of good monthly reports?
  • How do you develop a strategy?
  • What are critical success factors and strategic KPIs?
  • What is the hierarchy of KPIs?

Following best practice

  • What are the principles of effective reporting?
  • What do you need to know about your audience?
  • How do you report for different thinking styles?
  • What types of data presentation should you avoid?
  • What are the most effective methods of data presentation?
  • What is a run chart?
  • What is a control chart?
  • What is a Pareto chart?
  • How do you present the relationship between performance and cost?

Using dashboards and commentary

  • What is a dashboard?
  • What are the guidelines for designing a dashboard?
  • How might you structure your dashboard?
  • What are some key features of dashboards?
  • What commentary should you include?

Reacting to the monthly report

  • What is an improvement cycle?
  • How do you find the root cause of a problem?
  • How do you identify the best solution to a problem?
  • How do you review improvement progress?
  • How do you get feedback on your reports?
  • What are the key points to remember?

Ross Maynard is a Fellow of the Chartered Institute of Management Accountants. He has worked as a consultant and trainer for over 20 years, specialising in process improvement and lean for finance teams. He has presented at lean conferences in the UK, Australia, Italy and Denmark and has written many articles and blogs on process improvement. These can be found at www.ideas2action.co.uk

Ross is author of "Successful Business Growth in a Week" published by Hodder and Stoughton in 1998.

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