Date post: | 30-Dec-2015 |
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Dhiren Chatalini, Pringgo Husin, & Dhiren Chatalini, Pringgo Husin, & Jimmy NguyenJimmy Nguyen
Business tool Shows Performance Indicators(PI)
- Focus on small targets areas
Key Performance Indicators - What to do to increase performance
- Related to a strategic objective- More powerful than PI’s
Important Information to User
Contains Scorecards, Reports and Filters
Dashboards
1970s : Idea for digital dashboards for decision
support
1990s: With expansion of internet, started to appear. Digital Nervous System term appears
Present: Can be out of the box, or in house.
History of Dashboards
“…You always are alert to the most important things, and you block out the information that's not
important. And companies really need to have that same kind of thing: the information that's valuable getting to the people who need to know about it.”
Digital Dashboards are just part of the DNS
Digital Nervous System
Stand Alone Software Applications
Web-browser based applications
Desktop applications (widgets)
Specialized dashboards may track all functions in a company (and allow drill down, to video low level data)
Types of Dashboards
Link past business trends & information current
operational data. Alert stakeholders when metrics and indicators
are in red. Decision makers were surveyed and said most
decision making comes after viewing 6-10 data sources
Can integrate Dashboards with databases, spreadsheets and other applications
Dashboard Usage
Benefits of Dashboards
Better Decision
Make better business decisions by bring all key
information
Allows business managers to make:
- Fact-based data
- Data-driven decisions Faster
Decision Information in dashboard is the end result
Web-based dashboards are available to users worldwide
Benefits of Dashboards
Better Performance
Combine data from a variety of systems into a single,
summarized version
Present dynamic and real-world view data
Allows teams to effectively:
- Measure
- Monitor
- Manage
Disadvantages of Dashboards
Time Consuming Employees are required to be
trained to perform the function
Costly Procedure Required to purchase the software
Requires profession
Professional reports takes a lot of experience to create a perfect dashboard
SAP Xcelcius
Components
Data Source
Properties Window
Manufacturing firm:
Present KPI relating to # parts made (in a time frame) # parts that failed
quality testing
Human Resource Dept.# Openings in companyRetention RatesCost of recruiting
E.g. GE Aviation created Digital Cockpit (monitor aircraft makers spare parts)
Dashboard Usage examples by Industry
Strategic Dashboards
Real Life Examples
Used by Management to present KPIs and performance monitoring
Operational Dashboards Present instant and real-time
information
Used by:
- Emergency
- Call centers
- Manufacturing plant
Real Life Examples
Informational Dashboard Geared towards a broader audience of business users
Dashboard are often:- Functional - Amazing outlook
Analytical Dashboards
More strategic dashboards as analysts wants raw data from OLTP