What are Dashboards?Dashboards are typically on page, visual depictions of key performance indicators (KPI). Dashboards allow executives and other leaders to quickly identify areas of concern and success. There is no one way of creating a dashboard but there are some industry standards and best practices. I will cover some of these best practices and give you some valuable resources along the way.Future of DashboardingAs more and more companies come on the scene with "fancy" business intelligence solutions, senior leadership in large corporations are looking back to the old standby Microsoft Excel. Excel is already thoroughly integrated within the majority of corporations and most business professionals are familiar with it in one way or another. Some of Microsoft's changes to Excel (such as improved conditional formatting functionality) lead me to believe that they are ready to put up a fight to win the dashboarding battle.I see two main changes to dashboarding in the future: 1. Dashboards go mobile: It is inevitable that dashboards become more mobile and "virtual" to keep up with corporate leader's lifestyles and work habits. 2. Dashboards become forecasting tools: The vast majority of current dashboards show current and historical data but do not offer simple forecasting based on current trends. This can be done in most of the current dashboarding software (including Excel). Xcelsius has begun to make this even easier to implement and more end-user friendly. Dashboard ExamplesExample dashboards...Check back Best PracticesDashboarding SoftwareCorda Centerview: http://www.corda.com/centerview-performance-dashboard.php Crystal Xcelsius: Xcelsius Microsoft Excel: In addition to the standard Excel functionality, several companies offer Plug and Play Dashboards Host Analytics: http://www.hostanalytics.com/performance-management-software.html Net Charts: http://www.visualmining.com/ Net Suite: http://www.netsuite.com/portal/industries/software/interactive_dashboards.shtml |