How the MAF System Works
The MAF monthly system combines three types of information:
Financial Performance Data
A summary of profitability, balance sheets, cash flow.
Continuity Metrics (Key Indicators)
A summary of compliance and operational measures that keep the business running.
Strategic Key Performance Indicators
A summary of progress against long-term objectives.
A coordinator prepares monthly reports for review by the CEO and executives for action.
A diagrammatic summary is as follows:
Research and Evidence
The MAF system reflects research in management, accounting, strategy, and governance. This research is summarised in a published paper for your reference, if that is helpful. You might like to look up for example, de Geus of Shell, 1997, who wrote that successful long-lived companies were found to learn from their environment, identify as a community, be tolerant rather than rigid, and maintain financial frugality.
Key findings on organizational failures, and three major accidents, indicated:
Poor governance is a common root cause of business failure.
Neglect of safety and compliance preceded major accidents.
Significant changes in the environment and the economy in the modern world necessitate sensitivity analysis, with frequent re-forecasting, and planning of countermeasures. Monthly reports concentrating on performance of stakeholders is the most efficient way of covering key issues of business continuity data and strategic direction.
For background, see the preliminary paper:
The MAF Excel template supports monthly reporting, integrating financial and operational results in one secure model:
Integration:
Facilitate link of operational drivers to financial performance.
Comparisons:
Track actuals against budgets, targets, or prior year.
Calculations:
Indicative interest and taxes calculated automatically.
Operations:
Stakeholder metrics on continuity business and/or strategy.
Forecasting:
Automatic or manual forecasts up to two years ahead.
Scenarios:
Sensitivity analysis to help planning.
Security:
Protected formulae, Windows-compatible.
One month, free of charge.
Available on enquiry.