Stakeholders · Reporting · Component
The disclosure rule
What gets reported early regardless of how it reads, decided in advance rather than in the moment.
The deliverable
What it is
Bad news discovered later costs the credibility of everything reported before it. That cost is far larger than the cost of reporting it early.
The rule has to be set in advance, because in the moment there is always a reason to wait until more is known.
One level in
What it is made of
Each element is a constituent part of the component. Follow one to see the attributes it carries.
The triggers
What must be disclosed, regardless of how it reads.
3 attributes: Trigger · Trigger type · To whom
LearnThe timing
How quickly disclosure must happen, and what starts the clock.
3 attributes: Within · Clock starts on · Interim reporting
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Set the default to disclose. In the moment there is always a reason to wait until more is known.
The other components in reporting
The reporting schedule
Who receives what, how often, in what form — held to through difficult periods as well as good ones.
LearnThe report content
What changed, what it means, and what is being done — matched to what the recipient actually has to decide.
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