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Published byElvin Fleming Modified over 9 years ago
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Dhiren Chatalini, Pringgo Husin, & Jimmy Nguyen
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Business tool Shows Performance Indicators(PI) - Focus on small targets areas Key Performance Indicators - What to do to increase performance - Related to a strategic objective - More powerful than PI’s Important Information to User Contains Scorecards, Reports and Filters Dashboards
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1970s : Idea for digital dashboards for decision support 1990s: With expansion of internet, started to appear. Digital Nervous System term appears Present: Can be out of the box, or in house. History of Dashboards
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“…You always are alert to the most important things, and you block out the information that's not important. And companies really need to have that same kind of thing: the information that's valuable getting to the people who need to know about it.” Digital Dashboards are just part of the DNS Digital Nervous System
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Stand Alone Software Applications Web-browser based applications Desktop applications (widgets) Specialized dashboards may track all functions in a company (and allow drill down, to video low level data) Types of Dashboards
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Link past business trends & information current operational data. Alert stakeholders when metrics and indicators are in red. Decision makers were surveyed and said most decision making comes after viewing 6-10 data sources Can integrate Dashboards with databases, spreadsheets and other applications Dashboard Usage
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Benefits of Dashboards Better Decision Make better business decisions by bring all key information Allows business managers to make: - Fact-based data - Data-driven decisions Faster Decision Information in dashboard is the end result Web-based dashboards are available to users worldwide
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Benefits of Dashboards Better Performance Combine data from a variety of systems into a single, summarized version Present dynamic and real-world view data Allows teams to effectively: - Measure - Monitor - Manage
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Disadvantages of Dashboards Time Consuming Employees are required to be trained to perform the function Costly Procedure Required to purchase the software Requires profession Professional reports takes a lot of experience to create a perfect dashboard
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SAP Xcelcius
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Components
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Data Source
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Properties Window
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Manufacturing firm: Present KPI relating to # parts made (in a time frame) # parts that failed quality testing Human Resource Dept. # Openings in company Retention Rates Cost of recruiting E.g. GE Aviation created Digital Cockpit (monitor aircraft makers spare parts) Dashboard Usage examples by Industry
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Strategic Dashboards Real Life Examples Used by Management to present KPIs and performance monitoring Operational Dashboards Present instant and real-time information Used by: - Emergency - Call centers - Manufacturing plant
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Real Life Examples Informational Dashboard Geared towards a broader audience of business users Dashboard are often: - Functional - Amazing outlook Analytical Dashboards More strategic dashboards as analysts wants raw data from OLTP
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