Did you know that most companies don’t succeed in implementing their strategies? In fact, it is estimated that 70% fail! So, why the high failure rate? My belief is in the lack of performance management. One tool that can help organizations monitor performance and manage by exception is the BI dashboard.
According to Wikipedia, and I just happen to agree, there are four key elements to a good BI dashboard:
- Simple, communicates easily
- Minimum distractions…it could cause confusion
- Supports organized business with meaning and useful data
- Applies human visual perception to visual presentation of information
If you or your organization is stuck and has not yet connected your strategy to a dashboard, please view this short video below that introduces an easy 5 step process; as well as a handful of tips, that you can use to get started today!
If this blog has piqued your interest and you’d like to have a conversation, please contact me. BDO Solutions is Microsoft Gold certified on Dynamics AX, Dynamics CRM, Dynamics GP and Dynamics NAV. We have the experience you need, as well as, an uncompromising commitment to client service and your success!
For more information, please contact your BDO Client Manager or Les Wright at [email protected]