Setting up a dashboard for your business isn't as easy as it seems. Sometimes, it's better to show less information than to have everything at your fingertips - the idea of a dashboard is to synthesize, not to clutter your screen with information.
Here are some tips you can follow when setting reverse phone lookup mexico up your Dashboard:
What is the purpose of your dashboard?
The main objective of a company dashboard is to give visibility to all the important aspects of your business. A dashboard should serve to improve efficiency, assist in decision making, and generally increase productivity.
In addition, the dashboard should help you discover trends and identify possible areas for improvement. For example:
Redundant or unnecessary actions
Conversion rate improvements
Reduction in customer defaults
Overall increase in sales
A first step is to start with some simple objectives. Think about what you want to achieve in a single aspect of your company (I recommend keeping your billing healthy and without pending payments). As you become clear about the information your dashboard should show you, you can add more content to the mix.
Process indicators for a company dashboard
Once you have a clear objective, you need to define the indicators and metrics to follow. This may seem simple, but keep in mind that numbers can be read in many ways.
An example of this is measuring your workload based on the tasks assigned to each member of your team.
One way to do this is to know the number of tasks assigned to each user ( X tasks per user ). But by doing this, you won't have an accurate measure of workload-- instead, a more effective way would be to measure the estimated number of hours for all tasks for a user ( X estimated hours for each user ).
It is the same information, from different perspectives.
Avoid displaying unnecessary information
Just as some metrics are essential to your business, there are many others that are actually vanity metrics. These metrics should be avoided at all costs, as they do not help you make decisions or gain useful insights.
So how do I know if a metric is a vanity metric?
When you are considering displaying any type of information on your Business Dashboard, ask yourself the following questions:
Do I need to know this information to complete the day?
Is it a contextual and specialized metric?
Can I make decisions with data like this?
Is it difficult to measure, and not just a simple fact?
Is it a relative value, and not an absolute one?
If your answer is no to any of these questions, then you are looking at a vanity metric. To give you an idea, here are some examples of metrics that don't really help you achieve business goals. At least, not without first processing them and comparing them to other KPIs:
Website visits (does not indicate conversion)
Total customers (does not define the value of your business)
Total invoiced (not compared to other time periods)
