Spring is a busy time of the year. You are ramping up new projects, reviewing Q1 numbers, and preparing for the craziness that is summer projects mixed with time off and vacations. This “spring fever” can be seen in wanting to implement some big changes to the company and the workflow. You may be looking into productivity solutions for your team and we are here to help.
You know data-driven business is important, we don’t need to tell you that. In fact, data-driven businesses are supposed to grow 30% more annually. What we are here to tell you is how to use iDashboards to implement data-driven strategies and use analytics that better assist human decision making.
According to the Center for Creative Leadership, the top problem facing executives today is honing an effective team including, strategic thinking, decision making, data reporting and setting goals. These are all problems that you can solve by implementing a dashboard solution through an operational performance improvement platform.
How do you know you are ready to make that step for your team? We have some answers.
1. You are ready to move beyond spreadsheets
Spreadsheets are loved by many and hated by many. The implementation of a srategic informational dashboard means real-time, interactive data solutions. This changed the game for every department. You will have everything at your fingertips including financials, sales, human resources, marketing analytics, and more.
When you are managing a team, or maybe even multiple teams, the nitty gritty of finding all the analytics you need can be time consuming and frustrating. We help you take control of the spreadsheets and turn them into something worthwhile. With spreadsheets, there is no good way to centralize data and communicate the information you are seeing. Dashboards and real-time operational intelligence will let you see everything in a few minutes and focus on what needs your attention the most.
2. You trust your employees
Suhail Doshi, CEO of Mixpanel, said, “Most of the world will make decisions by either guessing or using their gut. They will be either lucky or wrong.” As a team leader, you do not want your team guessing about big choices or manipulating numbers to back up their point. We help you empower your team.
Putting together a dashboard means empowering employees to make thought out, informed choices. When you begin to empower the people reporting to you with the numbers they need, the data can help inform decisions. And you can be sure that they have the resources and solutions that will help them be successful.
3. You want transparency and have metrics to share
The most important audience you can make happy is your clients! While internal dashboards boost productivity and empower employees, external dashboards and information sharing build trust and engagement with your clients and customers. It also frees up your time and your employees’ time that no longer has to be spent in pulling together status reports. The metrics and KPIs update in real-time and your clients can check in whenever they want.
Check out this interactive visual dashboard for a school district. Rather than answering parent questions round the clock and talking with community stakeholders, they can pull up these numbers whenever they want. The transparency between the school and the important stakeholders builds a level of trust that cannot come from simple spreadsheets or yearly reports.
4. You are ready to keep track of your projects
When a new project begins, enthusiasm is high, people are checking in, and you receive regular reports how it is going. However, when day-to-day business takes over, this enthusiasm begins to wane and you may not see as many report outs from your team.
When you set up a dashboard at the beginning of a new project to improve operational performance, visibility of the objectives and progress is widely available. Your team can keep towards the goal and stay motivated. For extra motivation, display critical information on monitors around your office or pull them up during weekly status meetings.
5. You want to save time
One of the biggest benefits to leveraging dashboards and a business success platform is the time saved for your team! Our automatically updated dashboards automatically update as your data does. This reduces the need for your team to pull together numbers each and every month. It also means you don’t have to comb through a huge report. You get high-level data at your fingertips that is updating in real time so you can access on any device, at any time, from anywhere!
You can also filter through the data or drill down on whatever you need, so one dashboard can provide many angles you need to see.
6. You want to leverage historical data
Implementing a decision-making platform like iDashboards also gives managers the ability to use historical data to map trends. Historical data allows you to track and benchmark improvement or losses over time which gives access to key insights. Understanding your history is key to growth and change. So if a problem does arise, you can allow the combined data of your existing systems to fully investigate the root cause of the problem. As team members change, you also will hold onto data and critical information that may have been lost.
You can also use this to help predict trends into the future. This can ensure you are better prepared for unforeseen challenges in the company or for an upward trend in business.
Our team is here to support yours. Learn more about iDashboards and contact us today.