From a simple excel dashboard to a fully integrated enterprise reporting suite, the Business Dashboard is being quickly adopted as the new face of Business Intelligence. It has a rapidly growing role in BI reporting and analysis.
An enterprise dashboard allows at-a-glance visualization of company health and monitoring of key performance indicators. Simple to know and high in ROI, these executive dashboards are becoming “must-haves” for all enterprises. Simple-to-use by business users and fun-to-implement by the IT department, BI dashboard projects are quickly funded and politically well loved.
Steps we take when making a CIO dashboard (example):
- Define the key performance indicators (KPIs) that need to be measured in your dashboard.
- Map KPIs to specific data requirements. Determine if the data exists in systems or needs to be collected.
- If data-collection gaps exist, explore improvements to fill holes. Develop a plot and timeline to implement those systems.
- Investigate business service management, project and portfolio management, and BI tools based on your KPI requirements. Pay attention to how tools integrate with your existing infrastructure.
- Budget for the initial cost of the CIO dashboard, annual maintenance, and fees to implement the system. Take into account the complexity and cost of changes and updates.
- Develop an implementation plot that provides dashboard visibility into key systems one at a time.
- After systems are integrated, focus on correlating data across those systems to provide meaningful visual information and alerting capabilities should a metric violate a threshold.
- When new components are considered, evaluate how they’ll be integrated into the dashboard.
