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Best practices for an effective Dashboard for business .pdf

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Best practices for an effective Dashboard for
business / MIS (Management Info System)

Most organizations today are seeking new technologies to enhance operational capacity
and reduce costs of operations. One of the main challenges facing any type of
organization in the modern setup is enhancing efficiency in an environment of
increasing operational costs. One way of enhancing productivity in any organizational
setup is by leveraging the data generated and using it in decision making.

The Role of a Dashboard/MIS
A dashboard for business or an MIS (Management Info System) plays a similar role
to that of a heart in the body. This system ensures data collated from different parts of
your organization are processed and then presented in a manner that will help make the
right decisions.

By integrating a dashboard in your organization, you will ensure all teams have the
necessary information when they need it. For instance, a supply manager knows the
inventory in the warehouse through the warehouse management system (WMS). At the
same time, the market department has information from the system showing which
products are flying off the shelves and which ones require a new marketing strategy.

Whether you are in the healthcare or automotive industry, you have to set in place
systems that will help you optimize the information you have in the organization. An
effective Management Info System helps in strategic planning, operational and
management control, scheduling control, goal setting, organization communication,
decision making and risk management among other areas. Today, dashboards are the de
facto face of business management applications and they are integral in business
intelligence (BI).

Dashboard/MIS Implementation Challenges
While dashboards and information management systems have become ubiquitous in
modern business, there are still challenges which most companies face in the
implementation of the systems. In some cases, dashboards are created on-the-fly and
with time they become loaded with meaningless information.

For every dashboard that is an integral tool in a business, there are thousands which
are just pretty interfaces full of graphics which will not help business teams. The early
days of dashboard integration into business involved fusing pretty graphics with the
right information displays. While this might sound like an ideal solution, there is still
more that needs to be done.

Modern web MIS and dashboard design now blends usability, utility and aesthetics to
provide a system that adds value to an organization. In order to achieve this, it is
important to observe the best practices for an effective dashboard. Below are some of
the guidelines that will help you achieve this:

Design A Purpose-Filled Dashboard
1) If you don’t know the application, business case behind the app, there is no way you
are going to build a helpful dashboard or MIS platform. Your design must start with
these questions; who is your audience? What is the value of the dashboard to the target
audience? What type of dashboard is best suited for this audience? In essence, you have
to know the role of the users in the organization, their workflow, skill range, business
data expertise, and customization needs.

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