02 — Capability · BC-220.30
Management Reporting & Variance Analysis
Give each manager a view of their results against plan and forecast, and explain the differences in terms of causes rather than account codes.
- Management Information
- Performance Reporting
In scope
- Management report packs and dashboards
- Variance analysis and commentary
- Key performance indicators and their definitions
Out of scope
- Statutory financial statements (see BC-210)
- Enterprise data platforms the reports run on (see BC-750)
Realized by · 0
- No product in the catalog yet.
Used in · 1
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-220.30.10Management Report ProductionPublish a consistent set of financial and operational reports each period, at the level of detail each audience needs and no more.
- BC-220.30.20Variance AnalysisDecompose the gap between actual and plan into price, volume, mix and timing effects so the explanation points at something someone can change.
- BC-220.30.30KPI Definition & GovernanceAgree one definition and one source for each performance measure, so two reports never disagree about the same number.
- BC-220.30.40Business PartneringSit with operational leaders to interpret the numbers, challenge assumptions and shape decisions before they are made, not after.