Everyone who drives a car understands the importance of a dashboard. How fast are you going? How much gas do you have left? Are there any warning lights flashing?
An executive dashboard can give you the same kind of information in real time for your organization and its health.
Below are the key characteristics of an executive dashboard:
- Uses visual indicators as a primary mode of providing information
- Connected with databases that provide near real-time information
An executive dashboard runs on your computer, uses graphs and maps as a primary display device and is connected to databases which are updated regularly so you aren’t looking at old information. Just like car dashboards, executive dashboards can vary in appearance.
There are many industry standard frameworks to implement dashboards. Examples of these include: Balanced Scorecard, Six Sigma, SCOR. In the subsequent posts, these frameworks will be discussed in greater detail.
By Niraj Tenany
Niraj is Chief Executive Officer and a Co-founder of Netwoven, responsible for the strategic vision and direction. Niraj has been working with Fortune 500 companies to implement large-scale enterprise systems for the past 25 years.
Prior to founding Netwoven, Niraj led a profitable Enterprise Applications Consulting Practice at Microsoft. His team implemented large scale deployments of enterprise applications like Siebel, Ariba, and SAP with Fortune 500 customers. Niraj’s team also led the design and implementation of OLAP solutions based on the Microsoft platform. Prior to joining Microsoft, Niraj led a profitable Business Intelligence Consulting practice with Oracle Consulting Services.
Niraj has also worked with startup organizations in senior management positions. Niraj was the Director of Consulting Services at Zaplet, a Kleiner Perkins funded company.
Niraj holds a BS in Computer Science from Birla Institute of Technology, India, an MS in Computer Science from State University of New York (SUNY), and an MBA from Duke University’s Fuqua School of Business in North Carolina.
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