by Francisco A. Barillas, Principal, and Senior Consultant The store was selling 25% less than expected in defiance of the demand planning model so carefully implemented in the business. Executives and managers questioned the validity of their dashboards based on their apparent miscalculations. "How could this be?", "Is the data being fed correctly?", "Check the algorithms!!!". I am a strong advocate for data-based decision-making. That…
Overcomplicated Dashboard on the Rise
The main objective of a dashboard is to provide actionable insights for decision-makers and people embedded in key processes. The best dashboards are simple, well-structured, and easily consumed by people with different levels of expertise, The most common mistake in the use of dashboards today is overcomplication and misalignment with the strategic or business goals of the company. The purpose of visualization is insight, not…