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Communicating business risks to inform decision making

By Louise Fleming, Partner, Aretai Consulting

20 May 2015

Dig out your firm's latest management information report. You may receive a hard-copy file
or a PDF to read on your tablet. Or, you may have access to an interactive online report that enables you to drill down to practice group, sector and geographic levels. Can you find it? Try your inbox or,
if not, perhaps the 'deleted items' folder.

Whatever format you receive this information in, consider how many people it is distributed to and how long you would expect each of them to spend reviewing
it. Multiply the client charge-out rate of these individuals by the number of hours it takes to read and understand the report and you have the approximate cost of distributing it.

Now, I am not for a minute saying that you shouldn't send out this information - quite the contrary; comprehensive management information forms a key part of firm governance. What...

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