Business Intelligence 101
Since we are in the computer age and everything is simpler to access online, business intelligence has also moved most of its platforms in online setting. Despite the fact that business intelligence is using corporate dashboards for several years, its popularity has greatly increased with the advancements and changes applied in the world of technology. On the other hand, with huge amount of available information, there are a number of important design issues to be considered if you are planning to utilize corporate dashboards into your business intelligence.
You will have to consider some goals for the design if you would like to have an efficient corporate dashboard for your business intelligence. You should carefully think of the look and function of your corporate dashboard since it is related to the kind of business intelligence that you’re trying to set up.
There are many different corporate dashboards that look like a strategic scorecard while some others are designed to appear like a flashy report. On the other hand, by taking advantage of actionable and relevant data, some corporate dashboards for business intelligence become more tactical. Keep this in mind, you should allot time in designing your corporate dashboard so it will match the primary role of your business intelligence.
The Essentials of Options – Revisited
There are a couple of important elements that you have to be mindful about when creating a corporate dashboard whether you believe it or not; these are actually the key performance and metrics indicators. Both direct and metric numerical measures are used to represent a certain type of business intelligence with its relation to at least one dimension. You may take the metric of your gross sales and then show it either by day or by week in financial quarter as for example. Also, your business intelligence could be shown in the corporate dashboard both in static and dynamic approach to be able to utilize different types of analysis.
Lessons Learned from Years with Options
In addition to that, it is also important to take into account the features that you’d like to have for your corporate dashboard. And this is the reason why key performance indicators are important. It is due to the reason that it will be measuring the relative performance when it comes to your specified goal. Some of the key performance indicators give concrete business intelligence while others are going to give you the abstract.
The key performance also defines the business’ intelligence foundation which is why it is so crucial to carefully think of its overall design. Key performance indicators are also helpful for the business via trend icons, traffic lights, alert icons, gauges and progress bars.