Brick and guest co-host Greg Brown explore the dynamic between leading and lagging indicators in BI reporting. They share challenges and strategies for integrating these metrics to enhance operational efficiency and financial performance. Greg shares anecdotes from his operations background to emphasize the need for timely and actionable data to adjust behavior before it's too late.
Key Takeaways:
0:58 Do companies place an over-reliance on financial reporting for operational efficiency and productivity?
1:45 The shortcomings of delayed financial reporting
4:52 Looking to leading metrics on operational reports
6:17 The importance of automating reports for leading and lagging metrics
6:53 An example of automated reporting for companies using a billable hour model
9:59 The financial value of having automated reports on leading and lagging indicators
10:22 The shortcomings of transactional system (ERP, CRM, timekeeping system) reporting
Blue Margin increases enterprise value for PE-backed, mid-market companies by serving as their fractional data team. We advise on, build, and manage data platforms. Our strategy, proven with over 300 companies to-date, expands multiples through data transformation, as presented in our book, The Dashboard Effect.
For a free, downloadable copy click [ Ссылка ], or buy a hardcopy or Kindle version on Amazon ([ Ссылка ]).
Get more episodes of The Dashboard Effect podcast on your favorite podcast app or at [ Ссылка ]
Visit Blue Margin's library of additional BI resources here: [ Ссылка ]
