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How to Hire the Right People
One of the biggest challenges any business owner or manager has is hiring the right people. I've recently discovered a simple, inexpensive yet very effective way which will help you get it right. This week I've asked Nathan Chanesman, Managing...
Life-long Learning
"Life-long learning" is a popular trend that continues to offer vast opportunities to all those who recognize its value. It also applies to more than a single segment of your business. For instance, consider its application in a key area such as...
Present Your Message with Power and Pizzazz
If you’re ready to kick your career or business up to the next level, then make it a goal to become a powerful presenter. People view savvy communicators as being more capable, intelligent, and knowledgeable than those individuals who have...
Ways to cut down your home business expenses
As home business owners we are often looking for ways to cut down our operating costs and business expenses. Here are a few to consider: 1) Freebies- Those of you who know me a little would know that I'm a "Free-ak". There are a lot of free, high...
Why You Need To Buy and Sell Gold Coins (Part 4)
Throughout history, many coin collections have produced substantial long-term profits for their owners. This is particularly true for coin collectors of this century. Indeed, Harold Bareford reportedly purchased a collection of U.S. gold coins for...
 
Dashboard to the Rescue



When you think of a dashboard what comes to mind? For most people, the first picture that comes to mind is the dashboard in your car. The dashboard extends from just under the inside portion of your windshield and includes all the dials, knobs, buttons, and instruments that essentially run the automobile. In essence, the dashboard of a car serves as the control center. Via the dashboard you can change the radio, turn up the volume, defrost the windows, heat up the car, cool down the car, or even insert a CD to listen to. More advanced and luxurious cars have dashboards that give the driver a glimpse of the conditions in and around the car - such as the temperature outside, the speed of the car, the time, and the song currently playing on the stereo system etc. Simply put, dashboards are great at offering a quick glance into ones current condition, providing a simple yet powerful visual representation of information.



Business Dashboard to the Rescue



Business executives often are pressed for time, and in need of a Dashboard to their company's current status. Fortunately, a business dashboard does exist. Like the dashboard of a car, a business dashboard offers a look into wellbeing of a company. A business dashboard will often consist of information representing the vitals of a company. Vitals like sales and inventory data, as well as profitability information. Business dashboards are often quite flexible allowing for customized inputs of information and charts to display the information that is most vital to your company.



When an executive takes advantage of a business dashboard, he literally has all the information from the whole company at his finger tips. Business dashboards allow the user to manipulate complex data input sets and view and interpret the data in simple, yet powerful visual representations. For an


executive that lacks ample time to make complex business decisions based on the data provided to him a business dashboard proves priceless.



Performance Dashboard Keeps You Ahead of the Game



Many top executives think of this type of dashboard as a perfor mance dashboard. After all, when all is said and done, the dashboard is essentially measuring and displaying the performance of the company. All great executives understand the importance of maintaining a grasp of the current performance status of the company, and a performance dashboard allows these executives to maintain their edge over other corporations.



As mentioned before, a dashboard can be very flexible. Business and performance dashboards are capable of displaying information or inputs that are contained in Excel file format. A dashboard lacking dashboard excel functionality will prove to be a useless tool. In the business world, much of our information is housed by Excel so when you are looking for a performance dashboard solution, be sure to look for a dashboard that advertises dashboard excel compatibility.



Don't get caught lagging behind the competition. Make sure you have the best tools and instruments so that your company can make informed decisions and maintain or even exceed the pace set by the competition. Remember, when looking for a performance dashboard solution, if you want to make use of that huge database of Excel worksheets you have on your servers you will need a business dashboard solution that provides dashboard excel compatibility.



Adam Smith is an informational author for 10X Marketing. More information on using a Dashboard can be found at Corda.com

About the author:

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