3. Poor Reporting

Blue-chip tech co

Lack of quality financial reporting

Outcome: Monthly financial reporting introduced; revised organisational structure; planned system replacement

  • People: reorganised structure to align with business; identified priority issues and assigned to individuals and sub-teams; created cross-functional action groups to identify and agree reporting requirements; established links to C-level to identify needs
  • Systems: re-working of overly complex spreadsheets after expert analysis; built long-term plan for system development; established IT board to agree prioritisation of projects and needs
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