Developing Integrated Management Information
Look beyond traditional financial metrics to create insightful management information that can help you make better decisions.
BACKGROUND
The limitations of traditional management reports
Companies affect and are affected by social and environmental factors. Their potential to impact an organization’s long term sustainability highlights the limitations of management information that only includes financial metrics.
Integrating social and environmental issues into management information can produce better decisions – decisions based on a full understanding of how an organization creates value.
Broadening management information
For management information to be as useful as possible, it has to address what users need to know. A user-centric approach means that finance teams can elevate management information, offering insight into business issues so that users can make better decisions.
Integrated management information can show decision makers how financial, social and environmental factors interact to drive performance.
To broaden management information, finance teams need a clear reporting framework, access to high quality data and a strong control environment. This is where our resources can help.
What next
Download our Essential Guide to Management Information for a practical step-by-step approach to building better management information. The guide will help you to develop a management information framework, strengthen your control environment and create insightful reports.
We have also developed two worked examples that show how the steps in our guide can be put into practice. These examples will help you to see how you can apply our framework to support specific strategic objectives.