Corporate reporting has often grown historically. Inquiries and special evaluations are part of standard reporting and infrequently, key figures are regularly checked with regard to your control action.
Reporting is part of the management and control system and helps to translate the essential guidelines for the business model and the strategy so that they can be present in the daily work and have an impact. Therefore, a meaningful reporting concept is based on an analysis of the business model and the strategy. In order to focus the management on the essential requirements for action, the key figures must also be distinguished with regard to your content.
Just as in everyday life, there are sizes that describe the state and influence of the environment on the business, the business driver. As in everyday life the temperature may be the same in business. the business climate index, market growth or the Baltic Dry Index. More important are the key performance indicators, which provide the management with information on whether to achieve goals and to implement the strategy as planned and whether there is a need for action. Operationally interesting are then the possible measures and lever, their expected and finally actual effectiveness.
KPIs along the impact chain of business drivers through key performance indicators (KPIs) to control approaches must be assigned in the organization according to the responsibility. This allocation must also take into account other control tools, such as target agreements and budgets.
This is the basis for a meaningful reorganization of the reporting with the aim that every executive has the appropriate control information for their position. When designing the reports, it proved to be very useful to use a uniform notation for the entire company.
In this way, reporting contributes to the management at a glance to recognize the performance, the need for action and the effects of decisions.
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Minimalismus im Reporting - Die 4C Notation ©
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Our experts for Reporting 4.0
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Master of Economics and Business Administration
For Stephan Grunwald, consulting is an entrepreneurial activity with many variations; in various industries, for companies of different sizes, in different management structures. Yet always with the same sense of entrepreneurship. The prerequisite for all this is a sound and broadly diversified foundation in business administration. For him, however, the consistent realization of a concept is the ultimate entrepreneurial aspect of consulting differentiating 4C GROUP from its competition.
His focus lies in the CFO Office covering all aspects of decision making and controlling, reporting & planning, cost management, new role of finance (Industry 4.0), HR digitization and innovation management.
He has extensive experience in various industries and consulting of owner-managed and family led companies.
“People, who really want to move things forward” – are the ones Markus Noçon wants to work with. We are happily quoting Markus, since it expresses a central consulting challenge. Namely, mastering the balancing act between corporate decision-making concepts on the one hand and a pragmatic implementation of methods and instruments on the other. This works best with partners on the client, side who want and actively drive change.
His main focus lies within the CFO Office, especially in group accounting and consolidation, controlling & reporting, planning as well as performance management systems and consolidation systems.
He has extensive experience in many industries.