A tool that allows business leadership to monitor an organization’s progress toward meeting strategic company objectives.
It is a concise visual indicator that displays:
clear, measureable and valid metrics for each objective,
targets for each metric, and
the status of each metric.
Example:
The car dashboard shows indicators that give the current measurable status of
engine speed, engine temperature, oil temperature, fuel levels and vehicle speed.
Business Example:
A business dashboard could show: percent gross margin by corporate region, pareto of returned units by product type, total sales by customer.
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