Team Performance

Dashboard

As a business leader you need easy access to what’s happening in your organization on a regular basis. A business intelligence dashboard of key performance indicators (KPI’s) will allow you to see how your team is performing, what obstacles are slowing you down and how to capitalize on strengths and shore up weaknesses of individual contributors. This interactive dashboard for a fictitious software development company allows the user to interact with performance data in a way that facilitates decision making.

Why it’s important

“What gets measured gets done” is one of the most popular management maxims of the past century. Its simple approach is well suited as a tool for managing the success for groups of people who share a common goal or purpose. It can be used with organizations of any size – company, division, group or team – to drive toward specific goals and reinforce company vision and strategy.

Knowing what obstacles exist in your organization is critical to achieving success as a business leader. The fundamental driver behind measuring what gets done is to let you know whether you are on the path to success or failure as soon as possible. You need actionable evidence to correct deficiencies and capitalize on opportunities. Without a system to understand how your team is doing you dramatically increase the risk of failure.

Using business intelligence

Peter Drucker (1909-2005) popularized the concept of “management by objectives” in his 1954 book The Practice of Management. In the past two decades innovations in technology have dramatically reduced the level of effort required to capitalize on his vision. The pace of innovation has been staggering – new means for capturing important data for your business are introduced every day.

It’s up to you as a business leader to create strategic objectives and choose what data is important to measure. Most important is to recognize that management by objectives is a system instead of a discrete tool. Successful use of this approach includes qualitative as well as quantitative concepts – creativity, culture and behavior are necessary components to weigh as you use metrics in your organization. DataFive can help you adopt meaningful metrics, capture data and build business processes to effectively manage your team – contact us to find out how!