Notation and report design
With digitalization and rapidly changing markets, management reporting must support efficient analysis and decision-making processes. Therefore, the communication function that the reporting has to fill must be supported by clear, transparent and focused messages.
In addition to the selection of the right key figures, the provision of reliable and consistent data as well as the preparation and processing of information in an agile and highly automated IT landscape, the simplification and standardization of presentation in reporting is of great importance. Due to the different presentation of the same facts, control processes become inefficient, which increases in a dynamic environment by a steadily growing wild growth - the potpourri of the forms of representation and report values increases perseveringly. In this context, the clarity of the statements and the rapid recording of facts through a high recognition effect with a manageable number of key figures and reports should be focused. Here, the definition of a notation, which defines the way in which the objects are presented in reporting for each company, is essential.
Break old habits and leave familiar paths - but do not reinvent the wheel!
From experience and with the support of science, different approaches to solving the problem have emerged. On the basis of numerous projects, the 4C GROUP has developed a pragmatic and practical way of defining the notation, leaving enough room for an individual note from the customer's CI and taking into account the possibilities of the IT systems used.
Basic rules of 4C notation: previous year, actual, forecast and plan are always displayed in the same color. This is even continued in tables. Above each graphical element is the value shown. Since axes always start at 0, they can be dispensed with. Graphics used should be as simple as possible, e.g. no 3D graphics or shades. The final building block is the complete sentence with a clear statement about the graphic.
Let us optimize the cockpit together to control your company!
Take the initiative and set your standards with us. We support with many proven examples. Together we define a rollout strategy and start top-down with the implementation. In addition, we can jointly seize the opportunity and sharpen the content of the reports. Being ready to steer means sitting in the right position, looking at the right tools and information, getting the essential tools within reach, and familiarizing oneself with the instruments and their message.
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