Business Dashboard - Drive Your Business to Success

Basic BI ReportingIdeally Joe would have liked to consider attendance
In my previous articles I hinted at the breadth and valueand time keeping, but this data is not recorded. Instead,
that BI reporting can deliver and how this canJoe measures performance on different types of
revolutionise your business. Even businesses withmechanical work, measuring speed, accuracy and
existing BI can benefit from a BI overhaul if some timeexperience in five different areas.
has passed since the initial implementation or there hasThe dashboard takes more work than the previous
been a significant change in the trading climate (e.g. areports Joe has used as it effectively displays five
recession).reports in one set of results. Joe also requests the
Joe's Garage has flourished, despite the tough climate,option to view the results over different time periods
and is the most successful garage in his part of theso he can understand a fuller picture.
city. Joe has used BI to aid his decision making and hasImplementing Dashboards
reaped the rewards. He has worked closely with a BICommonly, dashboards are required to display two
consultant and together they have developed aexisting reports together as one report because a
comprehensive suite of reports that Joe nowmanager has found that they are regularly viewing the
considers as useful as any tool he uses to fix cars.two reports in tandem. This is a very good starting
BI reports are designed to answer a specific questionpoint for the introduction of dashboards to an
and work very well in providing quantifiable results e.g.organisation. The same software that is used for
last month's highest selling product. This leads to areport writing is perfect for creating a dashboard. The
whole suite of reports designed and built to givetemptation to copy / paste report results into a
constant feedback to the management. However,spreadsheet to create dashboard should be avoided -
there are some more complex questions which arethis is not only time consuming to do on a regular basis,
not easy to provide a cut and dried answer to, andbut also results can be amended to produce
often the answer can vary according to the prevailingerroneous overall outcomes.
priorities and circumstances.Other specialist software for dashboard creation does
What a Dashboard Is and Doesexist and can produce some nicely formatted results,
A dashboard is a collection of reports displayedbut in general, it is nothing that BI reporting software
together in one main report, where the only logic linkingcannot do. Careful consideration should always be
the resulting information is its relevance to the overallgiven to the amount of information to be displayed and
business strategy. Although the data can all comehow.
from the same database, more often it is from aReporting software usually offers about twenty
number of sources, or is at least from disparatedifferent chart types, but the most effective
streams of data within the same database.dashboards limit to using only one or two types of
Even where the reports interrogate only onechart. Using too many formats can compromise the
database, data can be reported in very differentability to make clear and direct comparisons between
ways, and the results returned in a variety of formats.results. Also, it is important to avoid the temptation to
As numerous columns of data can be tedious to readdisplay a mix of charts which show real numbers and
and interpret, dashboards tend to be based oncharts which show percentages in the same
summarised information and display results as chartsdashboard - this can be really confusing!
and graphs. This high level view of the pertinentI would also recommend displaying the charts in
aspects of a business issue is an invaluable tool in thedifferent sizes, with the most important chart being the
interpretation and communication of up-to-the-minutebiggest and displayed centrally. A lot of BI
results, and an important aid to strong decision making.consultancies will dissuade clients from implementing
Joe's nearest rival garage is struggling to make a profit,dashboards. The main reason for this is the extra
and Joe is confident that with his BI enhanced businesswork required to create the interface to display the
savvy he could turn the failing garage around.results of five or six reports as one user-friendly
However, in order to do this, Joe would need tosolution, on top of the work involved in building the
dedicate all his time to the new garage and so hebasic reports themselves. However, the value added in
must first promote one of his two current employeesaiding more complex business decisions, or for
to Head Mechanic.illustrating a complete picture swiftly and effectively,
Previously Joe would have chosen John, who hasmake them more than worth the investment.
been a fully fledged car mechanic for ten years, ratherAdvanced Dashboards
than the newly qualified Steve who was an apprenticeA dashboard is designed to answer one specific
until a few months ago, but who has been working atbusiness question, and with this in mind, displaying 5-6
the garage since leaving school. Joe knows there is asets of results is often not ideal. These separate
lot to consider when comparing the two employeesanswers do provide guidance for decision making, but
and is not sure that the full picture can be captured in asometimes a single, quantifiable answer would be far
BI report.more beneficial. Summarising the results from each of
Dashboard Usesthe dashboard charts into one main chart can clarify
Dashboards come into their element when trying todecision making.
evaluate disparate data to reached an informedThe beauty of this approach is that weighting can be
decision. The premise often begins as a simpleapplied to certain areas depending on their importance
question, such as - Which of our three regional officesand / or some information can be deliberately ignored.
is the most profitable? A report showing the monthlyAll this makes dashboards one of the most versatile
sales figures would seem to be enough at a quicktools available.
glance.Joe is surprised to find that Steve and John are nearly
But what if Office A sold more than Office B and C,equal over all, though each has their own strengths
but has double the staff? What if Office B is inand weaknesses. In particular, Joe notices that Steve
company owned premises while A and C pay rent?is good at tyre changes and weak at servicing,
Those with any accountancy experience will recognisewhereas John is strong at services and weak at tyres.
the above as components on a company balanceThis emerging specialisation gives Joe a new idea.
sheet. And in this case, the dashboard would beJoe purchases the failing garage. He is delighted to find
designed to display each of these components,they have a similar database to his own, though
showing the results of each separate item of interestobviously it has never been used in the canny way he
in such a way that the overall performance of eachhas discovered. Joe then measures the performance
office is easy to compare. Further consideration needsof the three staff in the new garage alongside Steve
to be given to surrounding factors, such as the timeand John's.
period reported on. The question of which Office is theWith this information Joe is able to match each
most profitable is now independent of seasonal trendsemployee to the work he is most proficient at. This
or temporary fluctuations in each Office's marketincreases the speed of work carried out, generates a
share.good reputation and the staff are happier in their work.
After chatting with the BI consultant who carried outWith his workforce assigned to their own specialist
the earlier work, Joe is sure that he needs aroles, Joe has more free time to generate more sales
Dashboard report to bring together the performanceand custom for both garages.
attributes he wants to consider for both employees.