Manage my business Executive Management Dashboard
Executive Management Dashboard: Finally get the holistic picture of your organization, monitoring your performance are inline with your objectives.
WHY WORKING WITH LINTAO FOR YOUR EXECUTIVE MANAGEMENT DASHBOARD
- LinPack for Tableau: online service to generate stunning Tableau dashboards
- LinPack for Qlik: Ready-to-use Dashboards (100% customizable)
- Excellent understanding of Executive Management stakes
- Pre-defined KPIs and analytical axes for Executive Management dashboards
- Multiple references in designing and building Executive Management dashboards
- Ready-to-use data visualizations for Executive Management dashboards
- Experienced Staff expert in dashboarding solutions
- Expertise in Data Visualization
CONTEXT & CHALLENGES
Reaching a management-level position requires many qualities, which are applicable to various fields of expertise within a company. You need to be able to motivate employees to improve their performance levels, have a strategic vision for various timeframes, and create clear, easy-to-grasp concepts. Managing a company also requires an ability to rapidly analyze situations, take decisions, plan, organize and manage the performance of all team members and business units. In addition to these professional qualities, interpersonal and people skills are also essential (such as the ability to communicate and work as a team), in terms of both adaptability and personal development.
A company’s management team needs to possess a variety of skills, competencies and expertise, such as administration, management, budget and cost estimation, planning for and responding to errors and deviations, team motivation, innovation capacity, setting up and complying with procedures.
All of the above are essential contributors to successful management and are impossible to achieve alone. This is why it is important to be assisted in your work by a management dashboard, which enables you to assess and challenge all areas of the company.
EXECUTIVE MANAGEMENT LANDSCAPE
EXECUTIVE MANAGEMENT GOALS AND OBJECTIVES
Operational Revenue Management
Operational Expense Management
Long-term Assets Management
The dashboard is a valuable tool for managers to reduce analysis times and assist in decision-making. Because it is fully customizable, the dashboard enables managers to integrate specific KPIs essential for the performance of their organization. Once it has been configured, the management dashboard enables:
Gives executives a quick and easy way to measure performance throughout organization and thus improve it
Effectively identify and correct trends as you evaluate the health of key areas of your organization
Improve visibility and promotes greater business insight, more informed decision making, effective management and better results
Through the use of data visualizations, dashboards simplify complex data sets to provide users with at a glance awareness of current performance
Get actionable insights through the use of data visualizations and get in-depth insights from across varied business data
Effectively manage workflows
Better understanding of revenue processes
Resolution of problems related to sales channels and processes, with real-time measurement of the cost of acquiring a customer in view of average customer spending…
EXECUTIVE MANAGEMENT KPIS
Key Performance Indicators are used to measure the realized progress towards a strategic objective.
For an Executive Management dashboard, here is a sample list of KPIs Lintao recommends (non exhaustive list):
Finance / Net Profit
Finance / Gross Profit
Finance / Operating Profit Margin
Finance / Revenue
Finance / Revenue Growth Rate
Finance / CapEx
Finance / OpEx
Finance / Revenue per Head
Customer / Net Promoter Score
Customer / Customer Retention Rate
Customer / Customer Acquisition Rate
Customer / Revenue per Customer
Customer / # of Customers
Customer / Share of New Customers
Market / Market Growth %
Market / Market Share %
Market / Market Share Growth %
Market / Reputation Index
Operations / Revenue of New Products-Services
Operations / Registered Incidents
Operations / Productivity
Organization / Employees (#)
Organization / Employee Satisfaction
Organization / Employee Churn Rate
Organization / Cost per Head
Organization / Revenue per Head
… or your own Executive Management KPIs
EXECUTIVE MANAGEMENT ANALYTICAL AXES
The axes of analysis represent the elements by which you want to segment your observable information (such a KPIs) to understand the rationales behind a given performance. Also called ‘dimensions’.
For an Executive Management dashboard, Lintao identifies the following axes of analysis (non exhaustive list):
… or your own Executive Management analysis axes
EXAMPLE OF A KEY DATA VISUALIZATION FOR EXECUTIVE MANAGEMENT
How would you provide an overarching status of your business in just one data visualization? This one aims to reach this goal.
- Split your visualization in 5 components:
- Volume of activity
- Activity shares
- Performance Evolution
- Top Contributors
- Operational Priorities
More details on this data visualization here.
Visit our gallery for additional data visualization best-practices.