Update speed is another factor. Some dashboards update faster than others. In most fields, you can get by with a relatively slow speed for updates. In some financial trading scenarios, however, every second counts. You’ll want to make sure your expectations are fulfilled in this regard, as managing this well will allow you a much greater degree of tactical power in your decision-making.
The cosmetics of your dashboard are also important. While this may seem safe to overlook, the dashboard is something you’re likely to look at a lot on an hourly basis. This means it pays to have one that’s easy on the eyes.
Dashboards are a powerful tool that can be put to excellent use for business intelligence. If you would like to learn more, you can read blog posts about BI and dashboards to keep current on what’s what. Many businesses are willing to provide you with a custom dashboard; all you need to do is know what you need it for.
Although traditional management reporting has been around for decades, it is quickly becoming out of date. Let’s face it, who wants to wait for “stale” reports from managers when technology now enables us to have up-to-the-minute information at our fingertips in the form of a business dashboard? Like the dashboard in your car, a business dashboard places real-time knowledge in front of executives, managers and teams to help them drive the operations under their responsibility. Dashboards can help companies put fires out while they are small and capture opportunities the moment they arise.