15 Jul Why Reporting is Important for Flight School Success
Day-to-day operations of running any flight school are time-consuming and leave leadership with nearly no free time to take a step back and see the bigger picture. This is a challenge. When your focus is strictly on daily issues, it is hard to gauge which direction your flight school is heading. As a result, small problems can intensify if they are not caught quick enough, opportunities will be missed if there is no time to look at them, and changing industry conditions can catch you off guard if you are not prepared.
A business or school can fast-track success by utilizing their data in a way that’s both efficient and value-driven. When it comes to reporting, daily operations and the plans and methods you set in place will steer your long-term success. There are two main forms of reporting that schools and businesses of every size should leverage: strategic and operational reporting. Successful reporting practices help with streamlining processes, reducing costs and improving efficiency.
Set Measurable Goals
Strategic reporting involves setting, understanding, meeting, and exceeding your goals on a long-term basis. This insight will drive you to create a valuable data report and make vital improvements across the board. Doing so, you will gain an edge on the competition. Strategy reports will save you time through rational insight and benchmarking. An example of a strategic report for flight schools would be a Student Progress Report. Interacting with this report will allow schools to identify the amount of students falling behind and help mitigate the student dropout rate.
Operational reporting allows leadership to analyze data in real-time. It integrates dashboards, reports, and visuals into one platform to help improve operational efficiency, adjust to trends rapidly, and track growth. If operational reports are outdated or difficult to read, the benefits coming from it could vanish rapidly. Minimize operational errors by running reports such as a Fuel Burn Report to ensure your flight school is invoicing the cost per gallon of fuel sufficiently.
Stay Ahead Of The Curve
Stay one step ahead of the competition and maximize revenue streams by implementing a one-click reporting process. While the industry is centered around speed, quality shouldn’t be sacrificed in its favor. Those that make the initial commitment of building out unique combinations for reports and dashboards that stay aligned with the current leadership focus will reap in the benefits of achieving and exceeding goals. Utilizing a one-click reporting strategy will keep you on track by monitoring and analyzing daily progress.
See The Bigger Picture
Flight schools that use an intuitive interface gain the ability to access and personalize raw data into lists, graphs, charts, and tables. Employing a reporting foundation that integrates with your organizational data will diminish the percentage of reporting errors.
Construct and automate key metric reports such as:
- Fleet Availability – gauge how many aircraft are down with squawks or due for maintenance
- Student Progress Summary – visualize the number of students on track vs students falling behind
- Scheduling Efficiency – track the number of reservations being both scheduled and fulfilled or scheduled and canceled
- Monthly Aircraft Hours – monitor flight hours and track leasing hours
Reports similar to the ones mentioned above can be utilized to provide important details that assist in developing future projections, detect trends or any irregularities, track progress and growth, and enhance decision-making.
Flight Schedule Pro’s Reporting Module
Flight Schedule Pro’s reporting module is a tool that allows you to both operate and interact with your flight school data within one centralized system. Diving deep into your data will bring you to a cause and effect approach to solving performance problems or maintaining overall success. Use your data within Flight Schedule Pro’s reporting foundation to back your decisions and justify each move you make.
Businesses and schools have to build a routine habit of running both strategic and operational reports in order to develop an increased understanding of risks and opportunities. The power to perform complex and innovative reporting is becoming critical for organizations. Managing timely data and the proper reporting capabilities boosts the ability to make more educated, evidence-based decisions. Align daily reports with your business goals and increase the success of your overall business intelligence environment.