Define and Discuss on Performance Reporting

General objective of this article is to define and discuss on Performance Reporting.¬†Performance reporting is definitely an integrated system involving planning and reporting which is oriented toward obtaining outcomes. Reporting on performance seriously isn’t an end by itself, but an important portion of effective management and also accountability. Planning and reporting are a fundamental piece of any organization’s continuous operations and decision making. What performance reporting does is to help promote a continuing improvement feedback never-ending loop where reports about activities and overall performance of critical aspects of business provide info to allow to get the best possible decision making within the planning cycle.