The objectives of monitoring, measurement, accountability, transparency, direction and performance have increased their chances of being achieved once we have implemented a production and follow-up routine that we call Results Governance. The first step is to define what will be measured. Some criteria for establishing what to produce:
Less is more.
Fewer reports and indicators are always better because they bring focus and thus make it possible to analyze the basic elements in business development. For the governance training also you need to be ready.
Do not strive for perfection
There is a risk of wanting from the beginning to have indisputable numbers. Accuracy is important. However, it is more than accuracy. it is important to start the calculation and production of numbers. Over time analysis and discussion will certainly improve its accuracy.
Monitor Performance
Business performance can be monitored via an Income Statement or Profit and Loss Statement and …