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What Is Dashboard
Reporting?
A dashboard gives you a visual summary of business
data, often at a high level. Dashboards are popular
as they enable you to see several KPIs at once.
According to an article in Businessweek "The dashboard
is the CEO's killer app. A must have, making the gritty
details of a business that are often buried deep within
a large organization accessible at a glance to senior
executives. " (Businessweek Feb 13 2006). With
dashboarding, key changes in business metrics are instantly
visible to managers, enabling them to make the necessary
changes with impressive speed.
Thanks to web technology and Business Intelligence
it is more possible than ever before for executives
to keep a finger on their company’s pulse, by
seeing the whole picture of whatever KPIs they need
to monitor
Although there is no set format, a typical executive
dashboard might contain various pie and bar charts and
a spreadsheet-type analysis. Other popular elements
include maps and gauges (shown above). Dashboard design
is not always straightforward and should encompass readability,
interest, and of course – relevant KPIs.
Producing a KPI dashboard might involve the following
elements:
- web based reporting
- KPI scorecarding
- Personalised portal page
- Data collection in a Data Mart
You can store and monitor any number of KPIs using a
dashboard system – the only limitation is your
imagination, and the information available through your
data collection.
What You Need
An executive dashboard is, in effect, the end of a complex
chain of information-gathering and delivery. Data will
probably have to be gathered from various sources into
a Data Warehouse or operational data store and delivered
overnight or on a regular basis. KPIs will need to be
calculated. The various components of the dashboard
(charts, spreadsheets etc) will need to be created.
And of course the dashboard will have to be designed
and delivered.
Once all this is done, however, the benefits can be
enormous. Dashboarding as a way of presenting information
is catching on fast. Watch this space!
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