How to build a dashboard that your executives will love
A recent study by Aberdeen Group uncovers some surprising information about the need for real-time data. In that study, 42% of respondents claimed they needed to make decisions on business events within the day that the event occurred. Going even further, 28% put the time frame at one hour.
All in all, Aberdeen finds that decision-making windows are shrinking. Businesses are forced to respond to incoming data faster than ever before.
What does this mean? For many businesses, it means they need more than traditional reporting software. They need executive dashboards that deliver clear, real-time business data to the right people when they need it.
If your company falls into this category, and you need to build dashboards for your users and executives, you’ll inevitably run into a few questions: What goes into my dashboard? What makes a good dashboard? How can you build useful dashboards that your users and executives will love?
So, what’s the answer? Rather than simply list my opinions, I decided to try something new: I posed those questions to a few dashboard experts, and have compiled their advice (as well as some of my own advice) into the 6 key points below. Follow these steps, and you’ll be well on your way to building useful dashboards:
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One of the biggest problems facing companies using business intelligence software is this: Most users don’t use it. This problem has been discussed in great detail, with the general consensus being that users typically don’t use BI software because it’s too difficult. Makes sense, right?
Why don’t you have business dashboards yet? In my experience, if a company doesn’t have business dashboards, it’s usually for one of two reasons: Either they don’t see the value, or they think it’s too difficult.