Seven Keys To Successful Group Reporting
The key messages to emerge from our Group Reporting Study were:
Manage the Process - "These processes are the corporate arteries for performance management, don't let them haemorrhage."
People - "Never assume your finance staff know everything that you do."
Standardisation, harmonisation and simplification - "Even a great concert pianist still practices for hours every day."
Leverage Technology - "If the Group Controller wants to fall in love with any one piece of technology, we strongly recommend falling in love with the web."
Change Management - "It is not the quantity of changes that causes the issues, it's the management of the changes that matters."
Inter-Company Reconciliation - "Pick battles big enough to matter, small enough to win."
Prediction - "There is no present. There is only the immediate future and recent past."
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