Driving your business with dashboards
Imagine that you’re test-driving a new vehicle. As you accelerate, you glance at the dash – everything you need to know about the performance of the vehicle, even where you’re going, is right there in front of you. Now let’s apply that scenario to your business. From your office chair, you glance at your computer where you can see everything you need to know about your company’s performance, and even run a forecast to determine the best route.
Just like car companies are steadily adding intelligence to dashboards (think 360-degree sensors and phone syncing), software companies are developing lightning-fast management dashboards with powerful reporting and forecasting tools. For most business managers and owners, the most appealing feature of the dashboard is that everything is available in one spot. It’s instant, accurate, and the data is there when you need it.
> Using dashboards to manage KPIs at a midsize manufacturing company (click for full article)