Dashboards have become an integral part of our day-to-day lives regardless of what industry you are in – IT, Healthcare, Retail, etc. We see dashboards being used often in different organisations, but what are they?
According Gartner’s definition,
“Dashboards are a reporting mechanism that aggregates and displays metrics and key indicators so they can be examined at a glance by all possible audiences. Dashboards help improve decision making by revealing and communicating contextual insights into metrics to display indicators with intuitive visualisation, including charts, scales, gauges, and traffic lights that show indicator progress toward defined goals.”
In our modern-day world, being able to convert raw data into real information is essential. This information is useful for fostering business growth; therefore it is necessary to have the right tools to transform the information into meaningful fit-for-purpose visuals with metrics and indicators.
Adopting dashboards as a reporting tool within an organisation can be a powerful driver in accelerating the organisation’s development. The potential of dashboards can only be recognised if data is represented correctly, maintained properly, and targeted towards the right people.
Data is an asset for any organisation but if it can’t be measured and managed then it becomes a liability.