09Bringing it all Together – Reporting at Practice Level
It is a key task of management to be able to gather and then successfully interpret all of the information that it has available to it. Over the years at SEH, I have continuously produced a monthly management pack of information that is easy and quick to update and – more importantly – is easy to digest. We believe that this pack now allows us to spot problems and react to them rapidly before they develop or become too threatening. The fact that we were able to survive the financial downturn of the late 2000s is at least some prima facie evidence that our approach was successful.
The process of successful financial management is somewhat like driving a car. You need to have the majority ...
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