Dashboard benefits

Every modern company – even the smallest – benefit from business intelligence, even if their managers aren't actually conscious of that. It has to be realized that almost every tool which is being used for supporting data spread across the company is simultaneously somehow connected with business intelligence solutions. Whilst business intelligence might be – as a whole – boiled down to supporting the process of transforming data into information and, then, information into knowledge usable for the company, in point of fact almost all tasks connected with data belong to BI branch.

Of all business intelligence tools, dashboards are being paid most attention to, these days. Even though a few years ago they were reserved solely for managers of the largest companies, nowadays they're quite common. What has changed? What has influenced on such an unexpected growth of dashboards' popularity?

The easiest it would be to say that dashboard implementing is now much cheaper than ever before, but that's not the most important reason. Growth of dashboards' functionality and quality was crucial, and the benefits – which this article is about – also haven't been meaningless. Then... what exactly decides on dashboards' current popularity? Probably, all the benefits stated below.

Decision making process and company's performance aspect

Decision making aspect is vital for every company and doesn't actually requires explaining. Managers have to make decisions as on them depends company's performance and condition. The better decisions are, the better company is doing, therefore executives do their best to provide decisive persons with the best tools possible to support and facilitate their job. Due to that, modern dashboards allow their end-users to:

Dashboards' influence on employees' efficiency

It might be thought that all company's efficiency and performance depend mostly on managers and the strategy they have created. In fact, we should take a look to another end of company's hierarchy chain, to concrete employees as they're the base for all company's tasks. Thereupon, dashboards – which even a few years ago were reserved for executives only – are provided to larger groups of employees, including the usual ones. With modern dashboards, they're allowed to:

Dashboards for employees' motivation

Every manager has to struggle with question how to improve his employees' efficiency. There are plenty of methods, nonetheless all of them usually demand some kind of concession. But... Is it possible to influence on employees without giving them raises or shortening their workdays? In point of fact, it's possible - with dashboards. What today's dashboards offer to their users to improve their motivation? Thank to dashboards, employees might:

Weaknesses of modern dashboards

On the other hand... Today's dashboards still are being developed, nonetheless a few disadvantages still haven't been overpowered. Even though plenty of things have already got changed (what influences on the difference between former and today's dashboards), there still is quite a lot to demand and to improve. What interrupts in trouble-free dashboards use, is:

The uses of modern dashboards are innumerable, nonetheless there still is a niche which dashboards could fulfill. Will it happen and - if yes - when?
Probably when all the disadvantages stated above get eliminated. Up to now, there are plenty of dashboards' benefits which are unattainable for most companies. Lack of precise and reliable training results in a need for discovering every dashboard's option personally what - in a consequence - results in lengthened time required for doing sometimes the simplest tasks.

Against all odds, dashboards still are considered as a real revolution in business intelligence solution. Their idea (concentrating all data, parameters and abilities at one place) certainly is worth-considering, nonetheless - as it still is quite a new invention - needs working-out. There are a lot of benefits which introduce a totally new dimension to business intelligence, but their use remains restrained. Fortunately, it's rather a matter of a few facilitations to free all dashboards' benefits. And - as it's already been mentioned - proper user training should be the thing to begin with. If users knew exactly what and how to do with dashboards, their work would become significantly easier.