As with any rapidly evolving space, lots of people are throwing their two cents into the ring and helping to foster the evolution of Business Intelligence. Let us share some definitions we've come across over the years – used by analysts, used in our employee training sessions, and used by our customers.
Experience has taught us that designing dashboards to ensure the effortless visibility
of tactical, tangible, real-time operational data across
departments and throughout the corporate hierarchy means distinguishing between
two typical use cases: monitoring key metrics (KPIs), and providing operational lists.
Choose off-the-shelf KPIs sparingly and carefully. And beyond that, when defining your KPIs, start at the top. Understand what drives your business, and then work from there, tying each KPI to your economic engine and to the part that every department and role in your organization plays in keeping that engine running.
The careful definition and use of a KPI, enables a business or department to monitor its progress against defined goals, but the information has to be relevant to the user. This example shows how a number can be made more compelling by adding context.
The current economy has united companies large and small with a common objective - to do more with less. We list the Top 10 KPI and dashboard guidelines that enable today’s enterprise extract better information out of business data.
We know that one of your greatest IT costs is network connectivity, so one of our primary design objectives is to reduce the impact of Klipfolio Dashboard on your network to the absolute minimum. Read about 5 different ways that Klipfolio Dashboard saves precious bandwidth.
Allan Wille discusses BI and dashboard fundamentals, performance measurement philosophies, different types of dashboards, best practices as well as price points. Listen to the MP3 (68min)
Monitoring how blogs, forums, message boards, twitter feeds, and a fast-growing number of other social media affect business is rapidly becoming an essential part of managing performance. But knowing how to do it can be a challenge. Here's a 3-step roadmap for making social media monitoring part of your marketing and performance strategies.
OLAP increases the number of users leveraging business intelligence. With the
power in more hands, it is vital to ensure that the data is visualized in a
way that makes sense to reduce the chance of poor decisions based on a misunderstanding.
Lyndsay Wise explains how operational, or KPI dashboards tell you if you're on target today; analytical dashboards set targets for tomorrow; and how to choose by knowing what problem you need to solve.
From operational dashboards to geo-spatial data visualization, Lyndsay Wise paints an exciting picture of the trends expected to shape the world of business dashboards over the months ahead.
