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digital dashboard

Digital Dashboards and KPIs

 

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It is easier to control what you can measure. Data driven management decisions are judgments based on fact and are essential to growing your business. There are many activities in your organization that you can measure. Be it sales, expenses, production output, inventory levels, or overtime (to name just a few), analyzing a set of Key Performance Indicators (KPIs) on a regular basis can help you keep a pulse on the health of your organization. One way to easily keep abreast of KPIs is through the use of a Digital Dashboard.

Digital Dashboards are a collection of measurements organized into an easy to review set of indicators. The real world metaphor comes from an automobile's dashboard. The advent of the Graphic User's Interface has created the capability to display KPIs in easy to read formats. It is important to make sure the data that comprises your KPIs is accurate. Not only can Real Business Consulting help you create a Digital Dashboard interface, we can help you extract the information you need from your current IT systems to calculate your KPIs.

Digital Dashboards as a Management Tool

Digital Dashboards can serve as employee management tools as well. For example, broadcasting your Digital Dashboard to your workers allows them to see that their efforts have direct impact on the company. Federal Express is an industry leader in this practice. Fed Ex has set up monitors all over their facilities displaying such key indicators as package sort times, jet turnaround times, percentage of packages damaged, and stock price. As a result, employees are tuned into the health of the company. Real Business Consulting can help you develop critical KPIs and a Digital Dashboard that will promote your company's growth.

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