Strategic reporting

Strategic reporting is a system of overviews that gives an organization's leadership information on the achievement of long-term goals and the development of key business areas. It helps assess whether the company is heading in the right direction and highlights deviations that may require a change of priorities or a decision.

How strategic reporting works

It starts from the strategy and translates it into measurable goals and indicators (KPIs). It tracks, for example, the development of revenue and profitability, customer experience, efficiency, growth or the progress of strategic initiatives. It is important to show not only the current value but also its development, the target level and the context.

What sets strategic reporting apart

Unlike operational reports, it usually works with aggregated results and a longer time horizon. It should not be just a collection of charts: individual indicators must be linked to strategic goals and help explain how they are being met.

Good strategic reporting is built on uniform KPI definitions, trustworthy data and regular interpretation of results.