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6 examples of executive dashboards that wow the “C” suite 0

Posted on October 16, 2017 by Rob Petersen

executive dashboards

Executive dashboards can be powerful business tools.

They are visual representations that summarize complex information in an easily digestible way. Effective executive dashboards present a clear picture and tell a story that makes a compelling case for action,

The person or team that creates an effective executive dashboard are seen as strong analysts and great manager of a business.

If being perceived in this light is important to you, here are 6 examples of executive dashboards that wow the “C” suite and why.

#1. KPIs:

executive dashboards - kpis

The most important consideration of executive dashboards is they show the right measurements, the metrics that matter to the “C” suite. KPIs (Key Performance Indicators) are measurable values that demonstrate how effectively a company is in achieving its key business objectives. In most cases, KPIs for an executive dashboard begin by showing fiscal performance – sales, profits or revenue. Then, they might feature key customer metrics (e.g. visits, leads, cost per acquisition (CPA), conversion rate, customer lifetime value (CLV));and then factors effecting these measures (e.g number of customer complaints, performance by region, marketing).

#2. CLEAR ORGANIZATION executive dashboards - clear organization

Executive Dashboards are particularly effective when all key information is placed on one page. The organization of the charts, information and key takeaways has to clearly lead people Most people read left to right and top to bottom. So, consider the best chart to present specific measurement and how you organize them. The chart above clearly shows at a glance sales by product, sales progress, global sales and ratios of over and under achievers.

#3. CHART TYPES

executive dashboard - chart types

 

Software and data visualization tools have gotten pretty sophisticated for executive dashboard. Charts types found most often on executive dashboards are:

  • Line Charts – A Line Chart is an effective graph formed from a series of data points connected by the eponymous line. They are often used to show developments over time and identify trends.
  • Bar Charts – Perhaps the most common misconception about charts and dashboards is that more is better. Bar Charts are a simple and effective way to look at different values and segments (like sales by region) and provide clear and compelling analyses and comparisons.
  • Pie Charts – These charts are often the subject of controversy. Data visualization guru Edward Tufte writes, “pie charts are bad and that the only thing worse than one pie chart is lots of them.” No matter how you feel about pie charts, the only time you should use them is when you need a graph representing proportions of a whole, when the total of your numbers is 100%.
  • Tables – Tables are great for detailed information with different units of measure, which may be difficult to represent easily in a graph or chart.
  • Gauges – This type of graphic typically displays one or more values using indicators and appropriate metrics. They are often used in dashboards to highlight a specific KPI that needs attention.
  • Area Charts – Area charts are awesome for multiple data series with part to whole relationships, or for individual series representing a physically countable set.
  • Maps – Maps are effective for regional differences or a highlighting a key metro area or city

#4. DRILL DOWNS

executive dashboards - drill downs

Executive dashboards for the “C” suite are meant to show a high level view. But you never know how deep into a particular area some one might one to go. Charts on executive dashboards show either the ability to be created so additional information can be added to the high level view to get deeper into a particular areas or time.

#5. TEXT BOXES

executive dashboards - text boxes

Don’t expect everyone will walk away from a chart with the same conclusion as you. The chart above from Avinash Khausik, Digital Evangelist at Google, shows how text boxes should be used. Don’t be afraid to use text boxes to make your point, provide insights and give actions. People appreciate when the path and the plan are presented for them.

#6. INDICATED ACTION

A strong presentation of key data is going to impress the “C” Suite. What is going to delight them is if the actions to be taken are also included and their impact is projected. The is the primary purpose to the dashboard. The dashboard above, also from Avinash Kaushik, states actions and, because the data has been analyzed, quantifies business impact.

Do these examples show why executive dashboard can be such powerful tools? Does your organization need to get started with one?

10 best KPI dashboard templates to keep strategy on track 0

Posted on August 01, 2016 by Rob Petersen

KPI Dashboard Templates

A KPI (Key Performance Indicator) is a metric tied to a target. It demonstrates how effectively a business is doing at achieving its objectives. Good KPIs act as a compass guiding an organization on the right path to success.

KPI dashboard templates simplify complex data sets through data visualization to provide at a glance awareness of current performance to help make better business decisions.

Which ones should you consider?

Here are the 10 best KPI dashboard templates to keep your business strategy on track.

DATABOX:

KPI Dashboard Templates - Databox

Databox allows you to create your own database or import an existing database from any source.You can add Images to your data, select your style, fonts, colors and then publish your database for the web – including On-Line Searching of your published data. Databox is a mobile-first business analytics platform built to help you understand what’s going on with your business. Supported by many visualization types (line, bar, pie charts, funnels, tables, …), you can present your data on your office TV, and collaborate and discuss your metrics with others

DOMO:

Domo - KPI Dashboard Templates

Domo Combines a powerful backend that sits on top of and connects into any existing system where data lives, including those for customer relationship management, enterprise resource planning, human resources and financials, as well as any data repository or current reporting system. is a great self-service business intelligence (BI) tool that offers a wide data set, connector support and delivers a unique set of social collaboration tools as well. Domo seems to be best suited for situations in which a team is sharing a dashboard on key metrics.

DUNDAS

KPI Dashboard Templates - Dundas

Dundas BI is a next-generation business intelligence platform that was released in 2014. It combines both business intelligence and analytics tools into one platform that can be accessed as a standalone or easily embedded into other applications. The flexible and scalable solution has a strong focus on self-service, meaning any user can analyze data and create dashboards regardless of job role or technical BI skill. It has drag and drop abilities and can also be fully customized.

iDASHBOARDS

KPI Dashboard Templates - iDashboards

iDashboards address the needs of organizations worldwide seeking an intuitive, collaborative way to view and analyze their critical business information. Because it’s so simple to learn and navigate, iDashboards cuts back on the extensive training time typically associated with complex Business Intelligence solutions. iDashboards is a great fit for financial services, government, healthcare, manufacturing, and retail, but can be applied to many other industry verticals.

KLIPFOLIO

KPI dashboard template - Klipfolio

Klipfolio is a fully cloud dashboard application that enables real-time visibility into the data and KPIs behind your business, so that you can improve performance, relentlessly. Connect to hundreds of data sources online and offline, including: (a) web applications like Twitter, Moz and Google Analytics. Dashboards built in Klipfolio can be easily shared and viewed on browsers, wall-mounted TVs and mobile devices (iOS and Android).  Klipfolio dashboard software is used by a wide variety of businesses, big and small, and by professionals working in a variety of roles, from marketing and sales to BI, consulting and executive management.

QLIK

KPI Dashboard Template - Qlik

Qlik’s unique selling points are that it ranks highest in customer loyalty, provides satisfactory performance, offers a wide variety of features, and is known for its product quality and overall market position. Qlik is probably of the few visualization tools that offers an integrated BI platform and comes bundled with adequate demos, training manuals, and tutorials that can easily fascinate clients and new customers, giving them insight in a fraction of the time they expect.

SISENSE

KPI Dashboard Template - Sisense

Sisense is an end-to-end business intelligence (BI) solution that was developed to be accessible for any type of user, even those with little or no prior experience with BI software. Their full suite of applications provide users with the tools they need to manage and support business data with analytics, visuals and reporting. This out-of-the-box system doesn’t require lengthy implementation or training, so businesses can have it up and running quickly. Sisense was chosen as one of the Top 10 BI Vendors of 2013 by CIO Magazine and “Best in Show” at the O’Reilly Big Data Strata conference.

TABLEAU

KPI dashboard templates - Tableau

Tableau is tailored to meet the needs of anyone looking to explore and analyze key business data, regardless of technical or analytical background. Tableau has taken years of research and built best practices right into the solution. Tableau has become an industry standard with the a bility to connect many data sources and create impressive looking visualizations easily. The interface feels much more modern than some of its competitors.

THOUGHTSPOT

KPI Dashboard Templates - ThoughtSpot

ThoughtSpot has a user interface driven by a search bar, much as a user of Google experiences, and natural language queries can be entered using the language of the business concerned. Combining a search oriented approach with BI is really quite innovative, especially as the dominant paradigm right now is a drag and drop graphical interface. ThoughtSpot is growing quite quickly, and saw 800% growth last financial year – so the approach is clearly attractive to business users. ThoughtSpot has also made it into Gartner’s Magic Quadrant.

ZOHO

KPI Dashboard Templates - Zoho

Zoho CRM has a version for both enterprises and small businesses. Each has its own pricing model, with several options available for SMBs. The software is geared toward any business that has a need for customer relationship management. Primarily sales organizations will benefit from Zoho CRM’s features. One other distinguishing feature is Zoho has never acquired any venture capital, angel investors, or loans. They are entirely a bootstrap operation,

Do these KPI dashboard template give you a good idea of what’s available? Would you add any others? Does your organization need guidance with KPIs and KPI dashboards?

 

7 KPI dashboards that are scorecards to success 0

Posted on December 06, 2015 by Rob Petersen

 

 

KPI Dashboard Executive

Key Performance Indicators (KPI) are measurable values that demonstrate how effectively a company is achieving key business objectives.

Organizations use KPIs to evaluate their success at reaching targeted goals. KPI dashboards are actionable scorecards to keep the business strategy on track.

Good KPI dashboards:

  • Relate to the business objective
  • Give a snapshot of the entire business
  • Are a finite number of metrics that all have targets relating to the business objective
  • Present the opportunity for further segmentation on a key metric
  • Deliver insights
  • Present business recommendations
  • Inspire action

What are examples? Here are 7 KPI dashboards that are scorecards to success.

MARKETING ROI

KPI Dashboards Marketing ROI

Return on Investment is one of the most sought after goals for any company. This dashboard from Klipfolio is a great example of marketing accountability to deliver new revenue and new customers through a new marketing campaign. It’s simple, clear and transparent. It gives an up to the minute snapshot of the key metrics that impact this business objective.

SALES

KPI Dashboards Sales

Sales are one of the objectives that KPI dashboards are often built around. This KPI dashboard from Find Examples does an excellent job of demonstrating the actionable nature of a KPI dashboard. By just looking at it, any sales or management team is able to see if the company is on track to deliver its objective; what tactics and working and who are the most likely opportunities. If the company in this example acts regularly on these results, it’s easy to see how much more likely they are to be successful.

NON-PROFIT

KPI Dashboards Non-Profit

This dashboard is for the Indianapolis Museum of Art from Avinash Kaushik. It provides not only a complete snapshot but shows the importance text can provide in a KPI dashboard. In this example, the metrics that are most important to the successful operation and growth of the museum are listed. But there is also the opportunity to provides comments, insights and recommendations through the text box. So the dashboard is a living tool that promotes action.

RESTAURANT BUSINESS

KPI Dashboards Restaurant Business

60% of restaurants fail in the first year according to Cornell University. It seems like the hospitality industry would benefit from KPI dashboards like this one that gives a great snapshot of sales, customer acquisition, cost of goods, menus, key stores and competitors’ pricing at a glance. This is a comprehensive look at a highly competitive industry.

WEBSITE

KPI Dashboards Website

This dashboard of a website’s performance gives all the vital data, a full analysis with trends, insights and recommendation. It provides great perspective while clearly presenting a point of view for improving performance.

GLOBAL PRODUCTS

KPI Dashboards Global Products

A company that has products available globally with different business performances in different parts of the world has specific global goals. Success involves market development, product mix or whether or not customers buy online or offline. This dashboard from Sharepoint gives executives a perspective and uses traffic lights as icons to highlight products doing well or needing attention.

C-SUITE KPI DASHBOARD

KPI Dashboards Executive

A clear picture of the data doesn’t mean there needs to be a lot of it. But enough to clearly make your point. You also have to tell people what to do with the data. This dashboard for Avinash Kaushik, Digital Marketing Evangelist at Google, is made for C-Suite presentations. It takes the key data findings and, in a text box, presents the insights, actions and financial implications. It’s complete, concise and delivers on one of most important criteria for creating KPIs – taking action.

Do these examples help explain the value of KPI dashboards? Do you see one that is relevant to your business? Does your company need help creating KPI dashboards for your business?

 

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