Nearly every approach to business management includes the function of measurement and performance reporting, followed by an adjustment or corrective action phase. Although there are many approaches to performance measurement, one of the best approaches is to create a Key Performance Dashboard. This dashboard is built using many individual performance measurements, such as the example below.
These individual performance measurements can focus on a single measurement or show a combination of performance measurements or Key Performance Indicators. These dashboards can be built using a variety of choices:
- Dashboard functionality in your ERP software, if available. One such example is Infor Visual.
- Using cloud based software, such as domo or cumul.io.
- Using MS Excel Dashboard capability
- Using Synoptix Dashboard capability
Call us at 516-313-0670 for help in setting up your performance measurement dashboard.