Getting Technical - Effective Tips To Organize Your Business Dashboard  

Getting Technical - Effective Tips To Organize Your Business Dashboard   

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Introduction   

Executives need to keep track of a lot of information and process them in real time in order for their company to thrive. Rather than having employees waste hours analyzing data, a digital dashboard can show the information within seconds. Learn about effective tips to organize your business dashboard so that your business continues to run smoothly. 

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What A Business Dashboard Does

As with a car or airplane dashboard that shows all the important information that the vehicle needs for a safe drive/flight, the same idea applies to a business dashboard. The business dashboard's purpose is to process any pertinent data quickly and in real time. Using charts, graphs and color-coded numbers, the information is grouped and displayed in order of importance. The dashboard gets its data from a variety of sources, including SalesForce and Google Analytics.

The business dashboard can also help companies spot trends and make better predictions on their business' growth. By predicating a business' future health, management can make the necessary changes for improvement in a timely manner. 

Different Types of Dashboards  

Dashboards can be adjusted based on the company's goals and each department's needs. The following are just some of the different styles of dashboards:

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1. Project Management- Uses the data to measure the progress of a project and help set benchmarks and deadlines. 
2. Operational or Executive - CEOs and other top management use the dashboard to monitor all the business processes and day-to-day operations.
3. Strategie- Executives use this type to measure key performance indicators (KPI) and make adjustments when needed.
4. Financial - Uses data to monitor the company's budget and sales reports. 
5. Analytics- This dashboard tracks trends and uses business intelligence to make predictions for a company's future growth.

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Tips For Your Dashboard   

Before the business dashboard is set up, first determine what its main purpose will be. The purpose might vary from department to department. For example, the sales department would want sales reports and projections first. The most important data is usually displayed front and center, while some executives prefer the information on top. Make sure the data used is correct and accurately entered into the dashboard. The dashboards should be easily available to co-workers and accessible on multiple devices. Therefore, instead of waiting for the weekly meetings, co-workers might email, text or possibly hold an emergency meeting to discuss the latest information. 

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If you want to learn more about effective tips to organize your business platform, please contact one of our representatives.  

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