CFO.com: Dashboards Can Now Gauge More Data

April 19, 2012 Satori Satori Business Enlightenment

Excerpt from the article… When You Need to Know Now One major appeal of dashboards, according to White, is that they can help executives narrow the “decision window” — the period of time they have to make a decision after a business event. A recent Aberdeen study found that 64% of business managers have seen their decision-making time shrink over the last year. A different Aberdeen survey found that 28% of business managers said they needed data to make decisions within an hour of a business event; another 42% needed information within a day. “There’s a lot of pressure on the organization to take in raw data and to turn it into useful information in a time frame that suits the business,” White says. “There’s tremendous pressure on these operational managers to respond faster, and old-fashioned business intelligence is just not intuitive enough.” As an example, if a dashboard showed that sales revenue was not on target, a CFO would want to know more,
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