Business Quote by Simon Moore
““obvious, rather than rolling up numerous ad hoc spreadsheets, and an effective and broad system for data capture can save time and increase visibility into business performance. Without it, you must be very precise in the data you collect in order to avoid overburdening the organization or hitting material data-quality issues. However, don’t let a broad reporting system allow you to neglect the process of effective reporting. A mass of data is not the same as a report. Even if executives can drill down into real-time portfolio information, that is too ad hoc to be a process for keeping projects on track, and you will still need a structure of reports””
About This Quote
Source Article: Business Process Optimization, 2020
Broad data capture systems improve visibility, but precise data collection and structured reporting are essential to avoid overload and ensure quality.
In simple terms: Good data systems need precise data and clear reports.
Implement structured reporting alongside data collection.
Themes
Mood
Type
When to use this quote
- project monitoring
- executive dashboards
- data governance
Key Concepts
Questions to Reflect On
- How can you balance data breadth with depth?
- What reporting structures best suit your team?
Complex systems can become bureaucratic without proper oversight.