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How to make the best use of your dashboard reporting tool - InetSoft BI software

Define your goals and set your measures of success

Make your goals challenging, but achievable. Do you want to improve your customer retention, increase market share, enter a new market segment, or invest in research and development? Be specific and make your goals measurable. And use your dashboard reporting tool to check data related to these areas on a regular basis.Business goals are often too vague, so use very specific language to describe evidence of meeting your business goal. It is this proof that becomes the foundation of what you measure.

Set up the right Key Performance Indicators

KPIs are what dashboards are all about, and checking them regularly becomes easy if you configure your dashboard correctly.Make sure your KPIs are relevant to your company's goals and to the business processes that need to improve to successfully achieve those goals. KPIs are most successful when they are simple but not too simplistic, and when managers and employees have a strong sense of responsibility about them. To encourage this engagement, you can share your dashboard with all the key employees you have, or even with outside partners. You can even create special dashboards specifically for these people.

Develop efficient methods to collect and organize data

Set up a process to monitor and keep track of all relevant data. Report on trends that emerge from your findings on a regular basis. Ensure that all business processes are included in your data collection, such as marketing, revenue growth, market share, product quality, labor force, training and budgeting.Without these, your analytical dashboard solution won't be able to accurately represent what's going on.

Apply the information

Analyze the information you have collected through your dashboard, draw conclusions and take appropriate action based on reports.Develop an opportunity-seeking plan to demonstrate your company's strengths. If weaknesses are critical barriers to the success of your business, create a plan to overcome them. To learn more or get expert help with dashboard reporting tools please visit InetSoft.

Success Maker - Read in 15 minutes

Success Maker – Read in 15 minutes

Where do the world’s smartest people get their ideas? From great books! SuccessMaker transforms the key insights of bestselling nonfiction books into powerful packs you can listen to in just 15 minutes. Our users treat us as a companion on the most noble and challenging journey we know: fulfilling human potential. GET THE KEY INSIGHTS OF THE BESTSELLING NONFICTION BOOKS • Sharpen your…

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Tremendous Thursday Temple Work! Your ability to accept constructive criticism and apply it when necessary will bring your levels of activity to a space where you CAN see the growth happening! MC/NE! #LifeCoach #MotivatingRealChange #SpeakYourPower #KnowYourLedge #Relationships #Coaching #StrategySessions #MakeAChoice #ScheduleYourLife #SuccessMakers #Accountability #ANewDay #SYP2017 #TempleWork #Mastery #Possibilities #EnjoyYourNow #DreamCatcher #Therapy #MaximumPotential #Mentorship #Growth #menempowerment #womensempowerment #loveyourself #TheCoupleMotivators (at Planet Fitness)