Why speed matters
When information is two months late, operators default to caution. When it's two days late, they default to action. The same person makes different calls based on the lag.
What to fix first
Bookkeeping cadence. Then a one-page weekly dashboard. Then the monthly conversation. Most businesses can compress reporting lag from 30 days to 7 in a quarter.
What it changes
The quality of every decision the business makes for the next decade.