Dashboards and KPI’s
Dashboard and KPIs
Operational control is a key activity for monitoring the fulfillment of goals, because it reduces risk and uncertainty by knowing the daily progress of the organization and how it contributes to the achievement of strategic objectives, under a clear direction in the execution of its business processes.
If a company does not have the technical tools to instantly know the “State” of each of its processes, this task becomes complex and tends to produce ineffective or unreliable results.
Dashboards are designed to provide a 360-degree view of your organization’s key performance indicators (KPIs) on a full page of data. In this way, your executive directors and management can quickly evaluate them. The idea is that decision-makers have the information they need at their fingertips in a timely manner.
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Benefits for your business
Implementing Business Intelligence (BI) solutions for the control of your operation will allow you to obtain the following benefits:
- Visualize a single view of the business situation. BI does not admit information speculations because it is based on reliable results for decision making.
- Detect opportunities for improvement. BI provides visibility into your company's areas of focus, so you and your employees can correct actions, realign or enhance them.
- Eliminating rework, promoting standardization and transparency in business operations
- Provide an integrated view of the different processes through performance indicators (KPIs), allowing to identify the relationships between them and understand the impact to achieve operational goals.
- Align business objectives with internal processes
- Speed in decision making. BI provides information support and business knowledge to support decision makers in an agile and timely manner.
What guarantees the success of this implementation?
- Prepare to develop new releases as users become more involved and need more information
- Encourage their adoption and make the use of the Dashboard and KPIs a daily habit within the organization.
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- Take the human element into account. Technology only works when you put it at the service of solving human challenges.
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