Decisions are taken based on data in reports. Do you have all required reports to make those decisions great? Is the data contained in them correct?
Up to date and accurate reports are crucial for everybody in management. How much effort does it take to create them? Is it worth the effort of creating new reports, or of increasing the frequency?
Regular reports must be created 100% automatically and be available on demand. They need to be formatted as desired and provided through the correct medium. Furthermore, reports become obsolete with the increase of knowledge or changes in the business environment, conversely, new information will be required for the same reasons.
Naturally, consistency and correctness of the data reported needs to be enforced. Once the groundwork is solid, this can also be automated to a high degree.
Ringing bells? Feel free to call on my extensive experience in the entire Management Reporting arena.