performance dashboard

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Graphics are not decorations. Apart from the fact that you can go free-for-all with color, pie, bar, car dashboard guages kooky style and background images, there are many reasons why you should not. Above all, you want to make sure that your graph showing the size of your business performance in ways that make it clear to you what happens, whether you need to do something.

There are 5 features a very subtle but deliberate measures that make graphs of your performance speak so clearly that it can feel like a slap in the face of a very focused:

1. Use a line graph as the default.

Line graphs are best visual method to show changes through time, and that is what measure of performance - most of them too - is to. We want to see if the performance gets worse, the better or not changed at all. Bar graph okay if you did not have a lot of historical data, and fewer than a dozen of the value of time series to measure the performance of your display. Almost all my performance measures, including my New Registration measure that tracks new customers for the week by week email newsletter, is shown in the graph lines.

2. Including at least 20 points from historical data.

To truly confident conclusions about trends or changes in performance from time to time, you need more data than you think. You need at least 20 values of time series to measure your performance. There are statistical reasons for this, and it relies on the fact that there is always some level of natural variation in the value of our actions are always there even when nothing has changed. You should focus on patterns through time, rather than the difference between this month and last month. New Registration In my chart, has historical value clearly shows the sudden growth in the rate of signups since August 2009.

3. Add a line to the average level of current performance highlights.

Because of the difference between this month and last month, almost never mean anything, because of natural variations, this is much more meaningful to focus on the average level of performance. I'm not talking about the values of overall average your 20 gauge. I'm talking about the level of average performance during the exhibition. New Registration In my graph, the average rate of 115 per week only accounts for the values that are part of a new trend since August 2009. Before that, on average more around 25 per week. Currently predict the level of the average amount of new signups I'll probably continue to get if there were no significant changes.

4. Keep it clean and neat - let the data dominate.

I certainly do not want to stop you from having fun with your dashboard (I know many people feel that boring numbers and they need all the help they can be interesting). But I want to warn you about when decorating distort and distract you from what your performance measures are actually trying to say. What is most striking about the graph of my New Registration? Data not. I've been using color to highlight rows in the table, and everything is quiet. Incidentally, I use the colors of the flag that measures a glimpse of the process of my business: Marketing (red), Sales (purple), Service Delivery (green), Product Development (blue).

5. Use the title of the graph to stay focused on the goal.

This one is optional but I like it. You state your goals in the title of the graph, thus making a clear performance measure but also targets that you're trying to accomplish. My chart title is "New Registration at least 250 per week" and that encourages me to always check if my average current performance levels move closer to the target - or not!

Please appreciate that this is not a complete list of how to design amazing graphics. But that was the beginning of the extraordinary!

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management dashboard

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As we struggle to manage our business this time challenging, I'm a little surprised there was not much time given to the air - what we should measure and how we should use it. So here are some ideas - Things I know about the Management Control Panel:

• Monthly financial results should be available with seven working days after the end of the month. Again and operations team you are sleeping and this information becomes more useful with the second.
• All material must be accompanied by a statement metrics important '"explains why you should be worried or happy.
• All of the metrics that really should have comparables under budget, forecast and prior year.
• Financials from all business units must explain the story of what had just happened to use a big secret truth - there are only two reasons for any variance financial - the volume and yield. Suppose you sell a $ 2.4 million more software (which is bad) because - you sell 100 units more than $ 19k = $ 1.9m and you sell 500 units in total more than $ 1k per unit = $ 0.5m, which forms $ 2.4 million. It is important to know things like that.
• Trend over time is much easier to see from the chart.
• Graphics should be clearly labeled and their meaning is understood by the students of class 7.
• Written reports must be one / two pages with relevant and interesting backup relegated to an appendix.
• 70% of the bankrupt business is forecasting earnings for the three months will be posting bust.
• Technology has leveled the field of knowledge - the big question now want to know can be answered almost every time with the system or if you want - a job, what questions you need answers, before revamping your metric system.
• Sales of the metric needs to be traced back to the behavior of certain salesmen before accountability kick in (and therefore actions).
•  Salesman behavior is influenced by the powerful real-time data, long before the failure to produce the PO is common knowledge.
• Trailing 12 graphics is a powerful visual tool that extracts from seasonal disturbances.
• Only one has ever Annual Budget Approved - Revised Forecasts hereinafter changes otherwise you will be in a hell of a country!
• A budget is a spreadsheet from a set of interpretations of the material, a comprehensive policy statement.
• In almost every occasion when one of them look interesting metric.
• All metrics that cover all departments are connected - metric does not recognize the silo, the department - they just keep coming at you from every direction.
• A cash flow and profit & loss your only difference between the two balance sheets produced at the beginning and end of the period of time.
• Perfectly accurate monthly financial reports 10 days late is useless.
• Do you measure directly related to what you - your business into the Parish ratio that you need to measure, is irrelevant to 90% of other companies, is a good thing.
•  The wall is a good place to display accurate sales data have consistently measured and displayed in a recognizable format.
•  Measuring the reliability of forecasts improve forecast reliability.
•   Stopping the facts get in the way of good stories can be fatal.
•   Understand why we succeed is as important as why we fail.

Article Source:
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Executive Dashboard Software

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Executive Dashboard Software Advice For Business People
By Sam Miller Platinum Quality Author

Companies from around the world will compete for customers and for their market status. It is important that they are up for the game. Otherwise, they will end up being bankrupt and will resort to premature closing. So, what is the executive dashboard software? This is a powerful tool that can be used by different companies in order for them to view the condition of their business. This will help the businessmen to detect if the health of their enterprise needs to be replenished or be maintained. It is recommended that you search for a good dashboard software advice before you make use of this.

You should be aware that the executive dashboards allow the users to customize the display of the data so that it can cater to whatever you need information for. You can set the settings in order for you to determine the figures in sales as well as the manufacturing statistics. Now, you have a real time view of what your company is going through. This is especially helpful for those who are angling for a better profit for their firm.

Guides are available nowadays for the dashboards. More importantly, they do not charge people. The only difficult task is to make sure that they provide quality pieces of advice so that you will not get lost in the sea of executive panels. As a matter of fact, you do not have to completely limit your idea to the software that can be downloaded today. There are individuals that offer objective views to the executives of the company so that they can make decisions that will help the firm prosper. This however is a task that is hard to fulfill since most of these persons are only after the money of your organization. Learn to find those that are worth your trust and the money that you will give them.

On the other hand, the programs that you can download and install in your computer can be used to keep track of the health of your business without allowing you to perform difficult tasks. All you have to do is to supply the right data, which will be used in the process of scrutiny. Competition is fine as long as you will be able to keep your company on check whenever there is a need to.

This dashboard software guide will also tell you the features of this program. You may be wondering why this is valuable for the businessmen. Actually, with this tool, they can make strategic planning and decisions in order for them to achieve their company's objectives. The executive dashboard software is also known as the business dashboard. This is indeed a great solution that provides the much needed information. With its ability to present accurate and timely data, the company can build a precise picture of the performance of their business. As an executive dashboard device your business will surely benefit from this program. You can make good decisions in the nick of time so that your company will eventually reach its goals.

If you are interested in Dashboard Software Advice, check this web-site to learn more about dashboard software guide.

Article Source: http://EzineArticles.com/?expert=Sam_Miller

Executive Dashboard Software

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Executive Dashboard Software Advice For Business People
By Sam Miller Platinum Quality Author

Companies from around the world will compete for customers and for their market status. It is important that they are up for the game. Otherwise, they will end up being bankrupt and will resort to premature closing. So, what is the executive dashboard software? This is a powerful tool that can be used by different companies in order for them to view the condition of their business. This will help the businessmen to detect if the health of their enterprise needs to be replenished or be maintained. It is recommended that you search for a good dashboard software advice before you make use of this.

You should be aware that the executive dashboards allow the users to customize the display of the data so that it can cater to whatever you need information for. You can set the settings in order for you to determine the figures in sales as well as the manufacturing statistics. Now, you have a real time view of what your company is going through. This is especially helpful for those who are angling for a better profit for their firm.

Guides are available nowadays for the dashboards. More importantly, they do not charge people. The only difficult task is to make sure that they provide quality pieces of advice so that you will not get lost in the sea of executive panels. As a matter of fact, you do not have to completely limit your idea to the software that can be downloaded today. There are individuals that offer objective views to the executives of the company so that they can make decisions that will help the firm prosper. This however is a task that is hard to fulfill since most of these persons are only after the money of your organization. Learn to find those that are worth your trust and the money that you will give them.

On the other hand, the programs that you can download and install in your computer can be used to keep track of the health of your business without allowing you to perform difficult tasks. All you have to do is to supply the right data, which will be used in the process of scrutiny. Competition is fine as long as you will be able to keep your company on check whenever there is a need to.

This dashboard software guide will also tell you the features of this program. You may be wondering why this is valuable for the businessmen. Actually, with this tool, they can make strategic planning and decisions in order for them to achieve their company's objectives. The executive dashboard software is also known as the business dashboard. This is indeed a great solution that provides the much needed information. With its ability to present accurate and timely data, the company can build a precise picture of the performance of their business. As an executive dashboard device your business will surely benefit from this program. You can make good decisions in the nick of time so that your company will eventually reach its goals.

If you are interested in Dashboard Software Advice, check this web-site to learn more about dashboard software guide.

Article Source: http://EzineArticles.com/?expert=Sam_Miller

Executive Dashboard

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Choosing the Right Type of Real Time Charts For Executive Dashboard Designs
By Sudhi Ranjan Das

The concept of digital dashboards was first introduced by Microsoft in 1999. Since then, the concept has gained immense popularity. And, now digital dashboards constitute a major segment of the Information Technology trade. A lot has been written about dashboards, their importance, applications etc, but there are very few resources that provide information on applications or widgets that collectively constitute a dashboard.

A dashboard is essentially a reporting system which helps in monitoring processes. Essentially, the task of a dashboard is to extract vital information from a live database and present it through gauges and charts. The information is updated constantly, so that, at any given point of time the information displayed on the dashboard is in sync with the current instance of the database.

Apparently, real-time gauges and real-time charts are the key components of a digital dashboard. So, I will indulge in a discourse on the right kind of real-time chart or gauge that must be used for monitoring a specific business related KPI. Business management dashboards or executive dashboards are found on corporate intranet sites or in distributed desktop applications. The factors that are of main concern to a business's operation are inventory, prevailing market prices, order processing, service requests and purchase. These are the factors that would normally be monitored by a top level operations executive.

Angular gauges are ideal for monitoring the inventory levels of top selling products. These can be used in conjunction with bulb gauges to simulate the effect of "Check Engine" light on a car dashboard. You can position a bulb gauge strategically along side each inventory monitoring gauge and program it, so that it glows each time the inventory falls to dangerously low levels.

It is essential for businesses to keep an eye on external market factors such as prevailing prices of raw materials. Futures prices tend to change rapidly, so it is advantageous to include a real-time line chart on a dashboard, for monitoring the price of raw materials. Real-time horizontal gauges that use a slider or LED type lights to indicate the current value, are ideally suited for monitoring order processing and service requests. Purchase is an important part of business operations, because if organization's requirements are not identified and fulfilled, then overall operations will be hampered. Real-time column charts can be used to keep the purchasing department informed about the organization's requirements.

In this article I have suggested ways of reporting various KPIs related to operations management. In future articles I will provide suggestions on building dashboards for other purposes.

Click Here to check out some samples of digital dashboards and learn more about the implementation of real-time charts and gauges.

Article Source: http://EzineArticles.com/?expert=Sudhi_Ranjan_Das

business intelligence dashboards

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Developing a Balanced Business System business intelligence dashboard
By Sam Miller Platinum Quality Author

What is a business system? In general this refers to the methodical process or procedure that is used as a mechanism for delivery so that a certain company will be able to provide specific services or goods to their customers in a definite market. Meanwhile a  business intelligence dashboard refers to the page that is a web based technology in which information on real time will be gathered on different areas and sources in the organization. In developing a business system business intelligence dashboard, it is important that one understands that there is a need for balanced and well defined business software.

The business intelligence dashboard for business system is now the new trend for business intelligence. The most popular here is the enterprise business intelligence dashboard which is user centric and can be used easily because it contains visuals for the manager or the supervisor. There are now numerous companies that apply the business intelligence dashboards for their systems and they claim that they have been given the opportunity for immediate access when it comes to the controlling of the processes in their businesses.

Now, if you will be creating a business system business intelligence dashboard for you company, you should be able to follow the correct guidelines in doing so. The first thing that you have to bear in mind is that it should be fair and objective and in order to do this, you should find the balance. It is important that you are aware that your business should be more than finance and money. In this case, you should align the performance measures with the goals of the company so that you will eventually meet the requirements into being one of the top companies in the industry you belong in.

Next is that you should know how you will be able to achieve strategy. This can be done by mean of balancing the challenging values. One of the main objectives of every organization is to increase the value of the stakeholders and this can be accomplished through corresponding with the competing values. To achieve higher economic importance, there is a need to balance the competitive industry or market forces as well as the customer satisfaction with the internal cost and improvement concerns.

Once you have the strategy, it is now time for you to apply them with the systematic approach which will eventually lead your company to innovation. Keep in mind that innovation should be systematic and this should not only be about having successful products and services. Your company should continuously hold researches and studies that will keep the organization updated about the needs of the customers and the demands of the times. In addition, there is a need to pay attention to the technological developments along with the other areas in the business including manufacturing distribution, marketing, customer service and human resources. These are the things that you should include in your business intelligence dashboard.

The business system business intelligence dashboard should provide relationships of the measures to the objectives, the initiatives and the targets of the different divisions of your system. From here, you will be able to get good results on customers, organization, investors and employees.

If you are interested in Business system business intelligence dashboard, check this web-site to learn more about business business intelligence dashboard.

Article Source: http://EzineArticles.com/?expert=Sam_Miller