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    MIS

    Management information systems turn raw sales, operations and people data into a monthly picture of the business that a board or an investor can trust and act on.

    Level 2 is a trap, and most companies mistake it for success. (read where we wrote it)

    In Growth Strategy: Deepen the Core

    Mainly for

    5Levels of reporting, from Reactive to Institutional

    Where does a monthly report stop being trusted?

    A report is only as strong as the weakest layer under it. A clean pack built on numbers that three tools disagree about will impress in a pitch and fall apart in diligence.

    The bigger the circle, the more often companies get stuck there.

    1. Source

      Know where every number comes from and which source wins. When three tools mean three things by revenue, the fight starts here.

      MIS Maturity AssessmentThe Information Stack

    2. Collate

      One pack, on a set day each month, with sales, operations and people together, and numbers that agree with each other.

    3. Narrative

      The pack says why the month differed from plan. A pack that only looks back is the trap most companies call success.

      The five levels

    4. Storyboard

      One set of numbers, cut for each reader: a board, a lender, an investor.

      Board and investor reporting

    5. Capital-ready

      Diligence finds what the reports already show. Good reporting on a weak source does not survive it.

      Pre Due Diligence

    Which three sets of numbers does MIS hold?

    Sales, operations and people: where each one lives, what each word means, and one monthly pack that holds all three.

    How we work

    Accounting is the system of record for what happened. MIS is the system of view for what is happening. Planning is the system of decision for what should happen.

    Srikar Kedarisetty, in Integrating Accounting, MIS, and Planning Tools

    Where next in MIS?

    MIS pages