If you don't already have your own reporting system, you should consider developing one for the following reasons:
- If you want to increase performance and results, you need to see fast and accurate numbers to support your decisions so you can adapt to the current situation.
- The development and improvement of the reporting system constantly forces you to identify and refine your goals.
- In addition to goals, you should also consider the metrics and the path to achieving them, which may point to metrics that you haven't measured before but that contain real, meaningful information for you. (Defining KPIs is the cornerstone of accountability)
- Collecting the numbers and retrieving them on a suitable platform allows you to draw conclusions at a glance without having to browse through different reports and Excels. Plus, you can reduce the possibility of errors in an automated process.
- Common language. If you talk about metrics that are clearly translated for all employees, there is no misunderstanding, no side conversations. It creates a kind of common language between employees and you.