Management Dashboard



What is a Management Dashboard ?



A management dashboard offers a simple yet powerful way for viewing all the important information contained in the databases of your corporation.

The manager has a complete and accurate view of all aspects of the organisation, and can then make effective decisions. But the management dashboard has other advantages : see below : "Why install a management dashboard ?"

The management dashboard is usually made of 10 to 40 key performance indicators (KPI), gathered in a central portail. Each KPI takes the form of a "visual", which is a combination of graphs and figure tables on a screen. The visuals are always dynamic and have drill-down capacities.

A list of most used KPI's is available in the section KPI's





 


                     
Example of a mini management dashboard portail with 8 KPI









Why install a Managemnt Dashboard ?



There are many reasons to develop a management dashboard in an organisation. Here are 4 of them.



 

Give a global view of the business and allow a better decision making process thanks to a multi-level analysis.


The selection of KPI's is made among all aspects of the business (production, finances, HR, sales,...)


Having all information at the same place allows a complete analysis of issues, unlike the usual separate reporting tools of different softwares.


The figures are analysed under all dimensions (Product, Time, Country, Business Unit,...)


A big quantity of figures can be analysed with no effort thanks to the drill-down capacities of graphs.







 

Make everything fully automatic : the data collection, data process, and visuals update


The Management dashboard is continuously and aumotatically updated, by retrieving information from the different company databases. These information are then stored in a central database, that becomes the main information center for everybody. A significant amount of time is saved on report creation and data collection by different persons, and can be used to effectively analyse the numbers.





 

Use clear and intuitive graphs that point out specific information



Graphs speak the same language than our brain. That's why it is easy to notice a deviation on a graph, while it takes much more concentration to notice the same deviation in a figure table.


Even though there might be less numbers in a static graph than in a figure table, graphs that have drill-down capacities can replace dozens or hundreds of figure tables, and the analysis of these graphs will require much less time.

 



 

Give responsabilities to managers, and facilitate the communication of objectives, strategy, results, and action plans.


 

Giving clear objectives is crucial to involve and make managers responsible. The management dashboard can help to assign objectives to the right people. Everyone can then take actions to reach his objectives and get his KPI's in the green.


The management dashboard also improves the communication within the organisation as everybody speaks the same language and uses the same numbers. Action plans can be taken, and followed in the dashboard.








What is a typical project like ?




A Telarnet consultant can help you for one, several, or all steps in the process of developing your dashboard.

Projects can also be performed in partnership with Cockpit Group Company .



Definition of the KPI's : Based on your company's business model, on its strategy, issues and opportunities, and our experiences, we can help you define the list of KPI's that should be integrated in your dashboard.


Technical audit : Simultaneously with the first step, we analyse the availability of the data's and the technologies needed for the development of the dashboard. (Databases, BI tools)


Creation of the central database and data transfer management : We set up a central database which will automatically be feeded by scripts that extract the data's from different places of your company and load them into the central database.


Creation of the visuals : Using BI tools, we develop dashboards visuals for each KPI chosen on step 1 and 2



Do not hesitate to contact us today for further information or for a meeting, we will be glad to meet you.



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