INTRODUCTION
Nowadays, data is commonly associated with better decisions. A good data visualization helps managers to make successful decision-making, and dashboards are considered a must. However, that is not the “full story”. Actually is just the beginning; to properly tell a story, organizations need to align dashboards with the decision-making process and make sure that the dashboards are kept updated and relevant for the organizations over time
Business decisions based on data: make actual use of data visualization through dashboards and storie
Data is the new oil. That is true, but data by itself is like crude oil; it gets your hands sticky, and you can’t do anything with it. On the contrary, data analysis and an appealing visualization can boost decision-making. Dashboards have become one of the most used tools in many organizations specifically for this reason. However, a dashboard alone is not enough! What really makes a difference is two things:
- Tell a story using your dashboard. Convince collaborators and clients that the data make sense and make an impact with your visualizations. Storytelling is a tool you should explore to make your data show a clear relationship between what is in your dashboard with your organization’s goals.
- Attach your dashboard to a process. Dashboards need maintenance to stay relevant. In addition, they need updated and correct data, if they are meant to show KPIs and set automatic alerts to make proactive decisions. Implementing data governance will allow you to have datasets that can be reused in the organization boosting cross-section collaboration.
CONCLUSION
To have an impactful and decision driver dashboard, always consider that design is as important as data. To recap, data is one of the most important assets for organizations, and dashboards are one of the best tools to show it. However, no digital transformation can be carried out only based on visualizing data; actions are needed. We need to transmit a story using dashboards for our organizations to make decisions based on data. In addition to keeping dashboards relevant and trustworthy, especially if decisions are made based on KPI, the data and dashboards should be part of the process of maintenance and constant improvement.
Your digital transformation can start by implementing appealing data visualization. As a result of your organization getting familiar with dashboards, new processes and innovations can appear. We can help align your business and technology needs to keep your organization thriving with data-driven decision-making.