Showing posts with label Reporting. Show all posts
Showing posts with label Reporting. Show all posts

Friday, December 4, 2009

Using Reports and Dashboards

I am interested to see who uses Dashboard to aid decision making process. I feel Dashboards are just a nice visual to communicate information. Thats it, nothing beyond that.

Friday, December 19, 2008

Who reads MIS Reports?

1. Can you imagine the number of reports being produced in a large sized bank?
2. Can you imagine how many of them are automated, system generated reports and how many of them are made manually
3. Can you imagine, of the reports generated, how many are read by someone and analysed and how many just sit in some folder?
4. Can you imagine, the number of reporting requirements that are still not met?
5. Finally, can you imagine the number of pages of reports printed and left unattended at printers?

My Answers:

1. 2000
2. 700 are automated and 1300 are manually made or has some form of human intervention
3. 10% of the reports are read and analysed.
4. Reporting requirements equivalent of another 2000 reports.
5. 2000 pages per month

Wednesday, November 19, 2008

Outsourcing Reporting Function - Smart Decision

Large organizations with huge reporting requirements have been traditionally outsourcing the report production services. Report production is considered non value added. The basic analysis of the reports are also outsourced, so that the organizations don't waste their valuable resources into these routine mundane activities. To illustrate, Nielsen does reporting function to large corporates in US through their ACNielsen Retail Measurement Services

If reporting function can be outsourced, why do some large corporates still do these functions manually, internally deploying their knowledgeable resources? Is it not beneficial to have these reports done by companies such as Nielsen while the corporates focus on analyzing reports and making meaningful decisions.

GE used to enforce six sigma rigor on their IT suppliers, forcing them to reach above 4.5 sigma still maintaining costs. Similarly, corporates could force the outsourced vendor to automate reports over time and then in-source them or have it outsourced for a fraction of the original cost when they used to be manual task.