What Are Performance Dashboards?

Posted: December 16, 2010 in Internal Processes and Management

Performance dashboards let managers to manage processes, markets, and inspire employees.

That is the way I see when we speak about benefits of a performance dashboard. It will open the doors to better internal and external opportunities. It will help you to visualize and communicate your strategy and it will show you  how to accomplish your objectives.

It is not a new tool nor a technique that will be forgotten. It is here to stay and to be improved with new technological advancements. However, the best way to start is to map your current strategic position and visualize your fututre scenarios. Identifying where you want to be  will open gaps that you will need to cover in order to achieve your goals.

After that, you will have to map your processes, determine your key performance indicators with the factors that influence them and to translate them into metrics to measure your inputs and outputs.

It is key to align your vision, mission, strategies and tactics through the board to be consistent and get the results expected.

That is the most simple view to start. I do not want to be a guru of anything; I just want to share with you my thoughts and share whatever can help us to improve.

Share with me your experiences with performance dashboards.

Success.

 What Are Performance Dashboards?.

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