Ever company is usually faced with the performance report making challenge every once in a while most importantly when trying to convince new investors. Performance report making has always been a hectic process to accomplish especially when individual efforts are required in data input. The amount of energy and time that is required to compile a report has always been enormous and tiring in most cases for the major team players involved. This has however changed recently with the introduction of different dashboard designs that one could use in enhancing their reports and presentation. You must, however, take your time to find out the best dashboards there are in the market and the ones that suit your business preferences. Here are a few tips to consider before you start looking for the best dashboard design.
How Do You Group Your Data?
How the different data on various fields is displayed speaks a lot on the organization level of your company. A neat and presentable presentation is where data appears to be logically placed in neat groups. This comes down to putting the data on sales on one specific area of the presentation and important data on marketing on the next area. Your organization investors would want to look at a report that is well organized to get a clear picture of where the company stands at. Apart from the common report constituents you should include inventories, actuals, people and even forecast. You should avoid throwing data anywhere in a report as that could amount to lack of organization and which could make it hard to understand the report.
Select The Most Appropriate Dashboard
Operational, analytical and strategic dashboards are the three most common dashboard types today. Both of these designs are efficient and could be important in the presentation of data but you need to select one that best suits your business. Operational dashboard is the one for you if you need to be updated on online data. They normally operate with actual time data or near actual time data The analytical model basically operates on the strategic data or the operational information. This model can, however, be very detailed considering it shows the organization insights and functionality. The strategic dashboard which is also known as the executive dashboard focuses on key performance indicators. this is the best model to show your investors and viewers your strongholds, future opportunities, and weaknesses of your organization.
You are allowed to use more than one dashboard if it could make the presentation more clear and detailed to the viewers. Using more than one dashboard can be instrumental when you want to give out the clear picture that the data on the screen is representing or reflecting.