The development of effective dashboards and scorecards is essential for performance measurement and performance management. They rely on effective Descriptive Analytics and Data Delivery for success. In particular, dashboard design and content need to be meaningful for executives and managers who use them as well as support questions that come from above. After all, the one click most utilized by an executive is the speed dial on his phone.
Effective performance management relies on alignment of dashboards, Descriptive Analytics KPIs and metrics, and business objectives. Advanced performance management can also include complex event processing, alerts and notifications, and other advanced approaches to directing management attention to areas of the business that need attention.