The economic struggles of the past few years caused companies in many industries to strive to improve effectiveness while concurrently decreasing costs. Some have named this phenomenon “The Drive to Do More with Less.” The integration of technology into a business strategy is often the first place to look for ideas for improvement. However, the path toward optimal business processes and strategic advantage may be foggy, especially for companies that are not technology-based. Unstoppable Software’s experience has shed light on this topic, clearing the way for the following advice.
Entries in dashboards (6)
When a business looks at creating an information dashboard, there are two main options: either create a custom dashboard from scratch, or purchase a 3rd party tool and design your dashboard using it. Most 3rd party tools out there do have some advantages - they will allow you to define data connections, pick from a library of charts, graphs, and gauges, and most of the time have pretty good usability. However, there are some major weaknesses these 3rd party tools have which makes them almost never the best choice. In fact, when you research companies that have had a lot of success with their dashboard, the vast majority of the time they created it themselves and crafted it to fit their exact needs.
As I’ve discussed in previous posts, there are several key requirements for implementing a digital dashboard successfully in your company. In addition to displaying actionable data that has a valid context, another important point that is often ignored is that a dashboard should display its information on one page.
Someone sent me a link to an interesting use of data for a hospital data visualization today - the Detroit Medical Center’s Emergency Room wait time dials.
In my last post, I spoke about the importance of actionable data to a digital dashboard for your company. In this post, I’ll address another key aspect that’s needed for a successful dashboard - a context for the displayed data.