Imagine you had a way to see all your business metrics in one place – whenever you wanted to see them. You’d be able to check in and monitor the health of your business, spot problem areas, and optimize activities that are doing well. With this data, you’d start making incremental improvements to all areas of your business. These types of improvements have a habit of adding up. Before you knew it, you’d transform your business.
Business dashboards can be a powerful tool for executives. Dashboards summarize information and present an easily digestible view of business performance to help decision-makers. Effective dashboard use can have a dramatic impact on business performance.
Business intelligence (BI) has become an important tool for all companies that want to reach the next level. BI is a technology-driven process for analysing data and presenting actionable information to help executives, managers and other corporate end users make informed business decisions.
BI dashboards help organizations with:
- Improved data quality
- Faster and more accurate reporting
- Analysis and planning
- Better business decision making
- Improved operational efficiency
- Improved customer satisfaction
- Increased competitive advantage
As Henry Ford rightly said “If you always do what you always did,
you’ll always get what you’ve always got.”