Few would argue against the idea that business dashboard solutions are great resources for visualizing data. Today, you can choose from all kinds of options for integrating and analyzing data and then viewing it in intuitive, pretty formats.
A notable issue with most dashboard solutions is that they lack an accelerator pedal. A dashboard without an accelerator is essentially just art. Without tools for taking action, its value is primarily cosmetic. Any business management dashboard solution must include an accelerator under the hood to truly impact day-to-day operations.
5 Business Dashboard Essentials for Ongoing Execution Improvements
Once everyone has all the information they need to understand what’s going on in their department or across the organization, that’s when the real work starts. Just knowing about problems isn’t enough; you need to figure out why they’re happening, make a plan to fix them, and follow through. That’s why it’s important to find a dashboard that lets you:
- Perform root cause analysis
- Choose specific reason codes
- Determine countermeasures and assign action items to people
- Track progress
- Retain problem and resolution data for future reference
The combination of making it easier to find and fix issues, and hold people accountable, is the equivalent of that “accelerator” that most dashboard solutions are missing.
Figuring Out What Matters
These advanced features, like an “accelerator,” can also assist your organization in determining which Key Performance Indicators (KPIs) are truly crucial for your business. Often, clients measure a bunch of KPIs without knowing which ones actually impact the business’s success. With the ability to monitor trends, adjust processes, and track specific actions, you can systematically focus on the most important KPIs.
Put the Pedal to the Metal
If your company is having trouble with managing KPIs effectively or if you’re exploring dashboard options, Dploy Solutions has you covered. Our KPI Management tools and Business Analytics capabilities are built to help you stay on top of what’s happening in your business every day. Plus, we have the expertise to automate and enhance your processes, helping your business move faster. Want to see how Dploy Solutions can turbocharge your daily operations? Get in touch with us today to schedule a demo.