Purpose and Benefits of Dashboards

Dashboards continue to get a lot of attention in most organizations, Not just because of their visual appeal but they help organizations communicate strategy, monitor and adjust the execution of strategy, and deliver insights to all. Let us break this into simple terms. Dashboards, in the most simplest terms is a collection of different reports, all in one page or view Data visualization analysis refers to the techniques used to communicate data or information by encoding it as visual objects 

Now let us tune this statement. These reports in the dashboard contain high level summary information rather than detail transactions. For e.g in traditional reports, you see a detail listing of orders or invoices with neat formatting, totals and sub-totals whereas the reports in dashboard mostly contain aggregate information such as total orders for current month, total invoices for current month, profit for this month, total cost for this month. 

Dashboards, in the most simplest terms, is a collection of different reports, all in one page or view. Now let us fine tune this statement. These reports in the dashboard contain high level summary information rather than detail transactions. For example, in traditional reports, you see a detail listing of orders or invoices with neat formatting, totals and sub-totals whereas the reports in dashboard mostly contain aggregate information such as total orders for current month, total invoices for current month, profit for this month, total cost for this month. If you notice, the common term here is total (sum, aggregate, or high level) view. Now you may show these numbers as they are or canvas them in beautiful charts.

Categories: Business and Management