How to navigate the Dashboards Minefield?
There are countless software tools that generate dashboards, many come as part of larger ERP systems, others come from expensive data analytical tools.
No matter how they are generated, they must still conform to some basic principles.
Clear and easily understandable to the audience.
Accurate and relevant data.
Maintained regularly.
Trigger appropriate actions to drive continuous improvement.
480Processes approach to dashboards is to utilise existing data to generate professional dashboards using MS Excel supported with some VBA programming. This keeps development costs to a minimum and the results are very professional.
Business Dashboards
Monitoring progress provides confidence when activities are progressing to plan but also an early warning where additional support may be required.
Best practice is to use easily accessible, visual management dashboards that instantly highlight performance levels. Using live-data to populate the dashboards eliminates under or over reporting of progress.
480Processes have prepared a selection of examples to illustrate the value of having active dashboards. Contact 480Processes for more information.