InterviewSolution
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What Are Dashboard And Why Do Organisations Use It? |
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Answer» Dashboards often provide at-a-GLANCE views of KPIs (key performance indicators) relevant to a particular objective or business process (e.g. sales, marketing, human resources, or production).The term dashboard ORIGINATES from the automobile dashboard where drivers monitor the MAJOR functions at a glance via the instrument cluster. Dashboards give signs about a business letting the user know something is wrong or something is right.Dashboards typically are limited to show summaries, key trends,comparisons, and exceptions. There are four Key elements to a good dashboard which help organisations to work effectively: *Simple, communicates easily Smart organizations are doing everything they can to find every opportunity to drive their business and helpthem stay AHEAD of their competition. To uncover these opportunities ,decision-makers need easy access to a very wide range of information and they need advanced visualizations to help them analyze and understand the data.One way decision-maker get easy access to data is through dashboards. Modern dashboard technology enables dozens of reports to be combined into a single, easily-consumable, visual representation. This ability to consolidate many reports has been the biggest breakthrough in the last five years and has redefined what we think of as a “dashboard".Dashboards are highly interactive, self-contained environments that hold the answers to many standard questions of business operations. Dashboards often provide at-a-glance views of KPIs (key performance indicators) relevant to a particular objective or business process (e.g. sales, marketing, human resources, or production).The term dashboard originates from the automobile dashboard where drivers monitor the major functions at a glance via the instrument cluster. Dashboards give signs about a business letting the user know something is wrong or something is right.Dashboards typically are limited to show summaries, key trends,comparisons, and exceptions. There are four Key elements to a good dashboard which help organisations to work effectively: *Simple, communicates easily Smart organizations are doing everything they can to find every opportunity to drive their business and helpthem stay ahead of their competition. To uncover these opportunities ,decision-makers need easy access to a very wide range of information and they need advanced visualizations to help them analyze and understand the data.One way decision-maker get easy access to data is through dashboards. Modern dashboard technology enables dozens of reports to be combined into a single, easily-consumable, visual representation. This ability to consolidate many reports has been the biggest breakthrough in the last five years and has redefined what we think of as a “dashboard".Dashboards are highly interactive, self-contained environments that hold the answers to many standard questions of business operations. |
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