Building a digital dashboard for small business

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You take pains to make the most out of every dollar you earn. Do you have the same attitude for data?

Data that are used optimally for small businesses are great tools to help their owners come up with better decisions.

Digital reporting and performance dashboards can improve a business’ performance dramatically, but that’s only possible in your own situation if you use the right tools and strategies.

Here we will be taking up what it takes so that you can build an effective dashboard for your small business.

It’s easy to build a dashboard and a few questions to answer

Creating a dashboard for performance tracking is not difficult. There are plenty of free resources out there, which we will mention in the next sections.

There are a few questions that you need to answer though before deciding which type of dashboard fits your business best.

  • Who is your audience – It is important that you know who your dashboard’s viewers are. Also, what metrics matter to them?
  • What are the most important metrics – Not only that you determine your audience and the important metrics for them, but you also pinpoint the most important metrics for them.

The most important metrics should appear larger and on the top left hand corner of the dashboard.  That’s the primary part of the screen of your digital dash.

  • When thinking about the metrics to include, you also want to know to which these metrics should be compared.

 

Read more at http://www.infocaptor.com/dashboard/what-it-takes-to-build-a-digital-dashboard-for-small-business

Benefits Of Log File Analysis

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Every time any page is requested from your website by a human or another program or an automated bot, the event is tracked in a log file that is stored on the web server. If you have installed Google Analytics, then google will tell you all about the visitor and page analytics. It will tell you how many users, what are the top pages etc. In the case of Log File Analyzer, you can get similar insights into your visitor statistics and page analytics.

So what is the difference between Google Analytics and Log File Analysis?

What do you do with the information that a typical Log File Analyser generates?

The main difference is Google Analytics will track only the pages that have the GA code added to them. It will miss any information on other pages that does not have the GA code simply because it just cannot see them and won't be able to report on them.

What is Technical SEO and how does it relate to Log File Analysis?

Read more at http://www.infocaptor.com/dashboard/log-file-analysis-for-technical-seo-and-other-benefits

BI tools for Data Driven Culture

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Modern day technology has brought about new business practices that have not only made industries more efficient but more competitive as well. People these days live in what is known as a data-driven environment where instinct or luck does not run the business culture, but by honest-to-goodness facts.

There was a time when business intelligence tools served the purpose of providing industry insights, information on consumer behavior, and even consumption patterns. These days, they do more than just provide tools for effective pre-operational business analysis.

BI tools are currently at the heart of multiple organizations where they use technology to make better operating decisions. And what once was information reserved for the higher ranks is now information accessible to all members of the staff, especially those working at the front lines. It is with this small change that businesses in a data-driven culture can truly differentiate the customer experience.

Some of the most important things that business owners need to do are identify which market forces will play a role in their success and focus on which economic components will help them achieve their goals. Given that there are components of modern commerce that are unpredictable the playing field is evened out thanks to BI tools.

BI tools consist of a series of technologies that make it simpler and more efficient for companies that use them to gather data and analyze them. It can include everything from sales metrics to consumer spending habits or even provide accurate measurements about the effectiveness of an operating strategy.

Read more at http://www.infocaptor.com/dashboard/what-is-data-driven-culture-and-how-can-bi-tools-help

KPI Dashboards for Retail Industry

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The retail industry is highly competitive. It is one of the fastest growing industries worldwide.

Based on the 2015 Global Powers of Retailing Report, the US has

seventy-six of the world’s largest retailing companies. With the growing number of retailers, staying on top will be a tough job.

Retailers who want to rise above their competitors must know all the details about their company. This is where a Key Performance Indicator (KPI) comes to place.

KPIs are helpful in evaluating and monitoring a company’s performance in achieving certain targets or goals. KPIcan also help retailers come up with right business decisions.

Having a KPI dashboard which contains the right data at the right time can help improve the productivity and performance of your company.

While there are many KPIs that a retailer can keep track of, we have compiled ten of the most helpful KPIs for any retail business.

Read more at http://www.infocaptor.com/dashboard/kpi-dashboards-for-retail-industry

Reporting Tools and Dashboard for Operations Management

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As an operations manager, you play the role of an overseer. You are monitoring the day-to-day operations of your store or business, keeping track of factory efficiency, optimizing logistics and safety. You are practically keeping watch of everything that happens in the business and you find yourself just everywhere.

Being a highly functional entity in your business requires that you have a continuous feed of important information about your business. You need data to tell you everything is running smoothly, or tell you something is not going well. This is where a dashboard can help.

What can a dashboard give you?

With the use of reporting tools, such as dashboards, you can create a data reporting system that can help you have an overall view of your operations whenever you need it.

With a dashboard, you can drill down into important details and identify issues before they spin out of control. Once issues have been identified, you can quickly alert stakeholders about them and help them determine necessary measures to take.

Most dashboards systems are customizable and can be operated through a self-service platform. You can design yours in such a way that you can combine multiple data from different sources and look for correlations among data to help you come up with better decisions for your business.

Operational Dashboards

There are three types of dashboards: strategic, operational and analytic dashboards. The kind of dashboard for people running business’s daily operations is the operational type.

Whereas strategic dashboards are used to monitor key performance indicators and analytic dashboards are used for analyzing huge volumes of data to identify trends and predict outcomes, operational dashboards are used to monitor day-to-day processes.

These processes obviously change minute by minute and the dashboard is designed to capture KPIs and metrics associated with these processes. You expect this type of dashboard to be able to give you very frequent updates. Used to monitor short-time progress towards identified goals, dashboards like this are engineered in such a way that they can be viewed several times during the day giving users different data for each view.

 

Read more at http://www.infocaptor.com/dashboard/reporting-tools-and-dashboard-for-operations-management

Benefits of Dashboards for IT

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The process of examining sets of data using specialized computer systems is called data analytics or data analysis. These computer systems make data easier to interpret by transforming, arranging, and modeling it to form patterns.

Data analytics tools guide businesspeople in coming up with better business decisions. Researchers and scientists also use these tools to evaluate scientific hypotheses, theories, and models.

Real-time report of data about the performance of a company, a specific department, a project, or group of employees can be accessed through a so-called data analytics dashboard. This is an information management tool, which monitors a group or a company’s metrics, key data points, and key performance indicators (KPI).

A dashboard can be customized according to a department or a company’s needs. It connects to your attachments, services, files, and Application Program Interface (API).

IT Management Dashboards

Some of the available dashboards for IT include the following:

 

Read more at http://www.infocaptor.com/dashboard/data-analytics-and-benefits-of-dashboards-for-it

Important Metrics for Food and Beverage Industry

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The food beverage industry can be extremely demanding if not highly competitive. Hence, it is important for managers and staff to remove guesswork from their vocabularies and instead utilize a dashboard app or two that will be able to assist them in running the business effectively, efficiently, and profitably.

Aside from standard excel dashboards, there are other reporting tools that focus on various metrics and KPIs that ensure that restaurants know what their strong and weak points are, where they are doing great service and earnings wise, and where they need to take more action and implement better controls.

Especially now that we live in a data-driven environment where access to real-time information is easier than ever, there is no reason for restaurants not to use excel dashboards to monitor their daily operations. There are distinct areas that need to be focused on and here they are:

  1. Kitchen
  • Food Cost

By comparing weekly food sales with purchases, your dashboard app will tell you whether you’re profiting from daily kitchen operations or not. Even spoiled food and other wastage are computed to determine the overall cost.

In the food beverage industry, there are certain percentages for food costs that are acceptable and those which are simply unjustifiable.

  • Kitchen Labor

It is also important for managers to know whether they have too many staff working in the kitchen at said hours of the day or not.

Read more at http://www.infocaptor.com/dashboard/important-metrics-and-kpis-for-food-beverage

Importance of Business Intelligence for Education

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Providing quality education and running schools as a business are becoming more demanding these days. To maintain the efficiency and effectiveness of K-12 education, schools should really invest in reliable business intelligence tools.

Armed with the right BI tools that focus on several key performance indicators, they will be able to run the school well, as a business, and provide the necessary educational resources to those who depend on them for knowledge.

There is a lingering problem across the world wherein school administrators are expected to make magic with as little funding as possible. Usually, more funding is provided to facilities that deliver exemplary results in terms of student performance.

This is why the school board should monitor KPI metrics that will help them manage their operations and ensure that they provide the best educational resources to the students attending their facility. In doing so, they can generate the kind of performance that will generate them much needed financial support to continuously improve their offerings.

Information relating to school fees, student population, daily attendance, class sizes, program offerings, academic results, and the like are all essential key performance indicators. And with heavier competition to attract new students and supporters, a reliable performance dashboard becomes all the more necessary.

Read more at http://www.infocaptor.com/dashboard/how-important-is-business-intelligence-for-education

Benefits of Exetuvie Dashboards for Call Centers

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Managing a call center is no easy feat, hence, business intelligence tools such as an executive dashboard can be tremendously helpful.

Call center management needs constant attention. Managers should focus on the latest performance metricsand important industry KPIs. Taking these into consideration, arming company executives with a reliable call center dashboard is worth its weight in gold.

Keeping a watchful eye on all the activities of the call center that you’re managing can help you increase overall productivity, and business intelligence tools should will play a major role. Not only will you be able to reduce handling times significantly but also be able to meet the obligations of your service level agreements hassle-free.

With the industry of call centers being one of the most competitive these days, providing clients with the highest level of service is the ultimate goal and you can assure service quality when you have an executive dashboard in your arsenal.

It works by increasing the visibility of real-time metrics that are crucial to your business. With a dashboard app, you can access vital information immediately and address any issues before they become potentially damaging to your company.

In any call center dashboard, there are several performance metrics that you have to pay close attention to and here are some of them:

Read more at http://www.infocaptor.com/dashboard/executive-dashboard-analytics-for-call-centers

Benefit of Dashboard Reporting for Government Operations

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Dashboard reporting has never been more important to the government. Considering the humungous streams of data collected through government agencies and programs, the challenge is how to make sense of these data in a way that they will benefit the organization and perhaps save large amounts of money as a result. The use of this type of reporting has been exalted by the US.

In the US

The US administration flaunted the advantages of using dashboards during the presidency of Barack Obama. They said that using a dashboard is an effective way of collating and filtering data so that these data become useful to decision makers. They credited the dashboard for being able to make them see better the implications of data and act on them appropriately.

One example cited by the government is how a dashboard helped them see the status of their investments, particular in pursuing the advance of technology.

The claim from the administration of Obama was that they were able to make better decisions using the data presented by the dashboard. According to them, this led to billions of dollars in savings and cutting delivery time for technological projects.

The US Congress has communicated a positive sentiment on the matter of using a government dashboard for federal decision-making and operations. It expressed interest in increasing the use of transparency tools, such as dashboards, across federal spending programs.

It is expected that more efforts will be exerted towards this goal and the use of dashboards may even be continued to be implemented after Obama relinquishes his office.

Other governments

Read more at http://www.infocaptor.com/dashboard/dashboard-reporting-for-government-and-how-it-can-benefit-government-operations