We have all become familiar with the concept of a dashboard from driving in cars. In a car this will include critical data like speed and whether or not we have sufficient fuel, but how far it helps us to design an effective business dashboard is a concept explored in below article.
A well designed business dashboard can provide a very effective way of presenting what might be an almost overwhelming amount of data that businesses measure and disseminate every day. In other words, if it is well-assembled, a dashboard can save individuals lots of time and the wider organization wasted effort and money by making data easier to access and learn from and thereby give people the chance to make better decisions.
All good dashboards seem to have the following in common:
- Be simple in overall design and include no more than 10 measures (and 6-8 is ideal)
- Be appealing to the eye or have a good user interface, if rendered on computers
- Graph or chart quantitative data
- Find simple means to include important qualitative data
- Present data/information visually as much as possible.
- Provide a context for data so that people can immediately appreciate what is good/bad or indifferent performance
- Use color/highlights to highly important results or targets
- Always seeks to communicate information with clarity and simplicity
Read more: What is an Effective Business “Dashboard”? | ReadyToManage.