Executive Web Based Executive Information System

If we take an example of retail industry dashboards can be beneficial in analyzing the customers’s buying behaviour and analyzing the market situations. Retailers who use data to drive decisions run more efficient businesses and are more change-ready than others. Customized Dashboards offers solutions that can help retail industry visualize the market situation,increase customer satisfaction, reduce

Whenever new metric are introduced, it is very important that everyone is communicated the updates quickly. The first line of communication should start with management. When training management on new metric, a reference guide or a point of contact should be given for additional support. The objectives of management should consist of grasping the concepts of new metrics, ability to explain the concept of new metrics, and ability to evaluate employees with new metrics.

In the case of real-time analysis dashboards have become very popular over the past five years they provide a view of key metrics to allow management by exception. Where post transaction data is being analyzed, data warehousing provides the ideal methodology for enhanced forecasting from the data. This also allows the ability to look for improvements in the supply chain, operations, and marketing to adjust processes and refine a message for marketing as part of a continuous improvement program.

Strategic / Executive Dashboards Strategic dashboards will typically provide the KPIs (Key Performance Indicators) that a companies executive team track on a periodic (daily, weekly or monthly basis). A strategic dashboard should provide the executive team with a high-level overview of the state of the business together with the opportunities the business faces.

Dashboard is a data visualization tool that displays the current status of metrics and key performance indicators (KPIs) for an enterprise. Also, dashboard consolidates and arranges numbers, metrics and sometimes performance scorecards on a single screen. They may be tailored for a specific role and display metrics targeted for a single point of view or department. The essential features of a dashboard product include a customizable interface and the ability to pull real-time data from multiple sources. An Executive Dashboard gives a clear picture of the data and the insights visually to the corporate executives.

Performance Management encourages the continuous improvement of business processes and of individuals’ skills, behaviour and contributions. This evaluation system is an invaluable tool for all business. An annual performance review places all employees on an equal field and allows the managers to see which employees are creating the most value for the organization. HR function plays an important role, by ensuring that the process is

Kaplan and Norton stated, “if you cannot measure it, you cannot manage it” (Kalan, R. S., Norton, D.P., 1996). By developing metrics the staff and management can asses progress. If goals are not met the approach can be modified or abounded for a new process.

Domo was founded by Josh James in 2010. It provides an interactive dashboard that connects with almost any data source – spreadsheets, cloud based apps, on premise, data warehouses, databases, social media and bank accounts. The system allows users to define custom KPI’s and metrics, which makes the tool ideal for executives and managers. In additional, the tool contains various pre-built templates designed for different industries and departments which can be used off the shelf with little change. It is due to this feature that Domo can be used by almost any department within an organization, whether it be Finance, Operations, BI, IT, Sales or Marketing. It

The account dashboard tab also features a line graph which can show two account performance metrics for the date range selected. You can move a dotted line along the graph to view the metrics at that particular time. The graph can be expanded to a full screen view using the small expand button in the right hand corner of the graph.

A management dashboard developed with the help of SAP shows how smoothly a critical process is running at a certain point in time. Information from the dashboard helps Burtons users identify inconsistencies a problems that should be monitored more closely.

Doing this will bring users to the most important pieces of information located on the dashboard. When doing this it is key to avoid clutter, such as visibly unnecessary chart types. With any unnecessary information or visuals it can distract and turn the users away from the data being shown. A practice that goes along with this is using “color appropriately and sparingly to achieve maximum contrast” (Lach, 2012). When designing a dashboard of reports the color selection should be thought out to enhance readability of charts. The precise selection and use of color will help bring the users’ attention to the significant trends, developments, and actions. Making data points different from one another and from the charts and backgrounds will help the important information be seen. On the other hand, if there are too many colors being used it can be hard to find and grasp the information. A cool trick is to relate colors to their symbolic or metaphoric meaning, such as red equals bad. Another practice is to select the best visualizations, not the best looking visualizations. Imagery should be kept simple and the focus should be on the data not the dashboard. Too flashy visuals and chart types should not be used when there are simpler alternatives for users to understand the same message. When designing, the dashboard context should always be provided. If there is no context, then the data visuals presented are basically useless. Finally, dashboards should have support and prompt action. “After drilling to detail to ascertain the root cause of a notable change or event, users must be enabled with a range of options to share the new information and their associated thoughts with others, in order to drive appropriate resultant action” (Lach, 2012). BI dashboards should be effective and efficient for businesses to view their data. These are the best BI dashboard practices I have researched that will

Companies are adopting business intelligence system within their organizations because by using the system reports they can gain the advantages of understanding their internal strength and weaknesses to face external competitors and challenges to increase profits and reduce cost on their everyday operations and processes.

Performance measuring is vital part which assessing value of employee and management. Performance can be measure through employee’s overall impact cost efficiency and effectives. (Anon., 2017)

These dashboards, known within the sector as Data Center Infrastructure Management systems, can track information technology equipment status and can provide actionable information and analyses for management of IT equipment, data center space, power, and cooling.

Before our clients can get to a point of having a dashboard of KPI’s and metrics, it’s imperative to understand the problems and the reasoning for diving into analytics. As a firm, why do you want to engage in analytics? Do you have the full support of the firm to include analytics in the decision making process? What are some of the issues that can be improved through the measures of data? What are you specifically trying to accomplish? What is the quality of the data being measured? These are all key questions that need to be answered before engaging in any sort of analytics and reporting. It’s important to remember that a firm should not do analytics, for analytical sake. There should be a reasoning and number of problems that could be solved through analytics. If not completed properly, the use of analytics could be a huge drain to cash flow and influence decisions that could have a negative impact on the firm.