The Importance of Business Dashboards for Decision Making

A dashboard visually displays the most important information about the business. Multipeers allows the information to be updated in a permanent and automatic way, so that you have the most up-to-date information about everything that happens in your company. By using a dashboard, you can easily see if your business goals are being met and what is the best route to take. In today’s article, we talked about the importance of business dashboards for decision making!

Add enterprise information in one place

In this field, care must be taken not to have a dashboard that is too full, that is, information that is not relevant to your decision making. This will only create visual noise and complicate your analysis. You should create an easy-to-read dashboard with only the data that really matters to you. If you can create a dashboard with current and useful information, it will be much easier to know what decisions to make.

Business objectives that are always present and well distributed

By using a dashboard, you can easily see if your business goals are being met. Linking KPIs with day-to-day activities is essential if individual and global goals are to be achieved more simply. Only with an effective knowledge of what is happening in the company and the evolution of the

Permanent evaluation of the real state of the business

One of the main advantages of using dashboards is that you can constantly analyze the present and past of your business and thus plan the future more effectively. With a dashboard, it’s easy to analyze company history and find patterns of past behavior that will help you make present-day decisions that do not compromise the future!

Real-time identification of important changes

Managers are not always able to identify deviations from work routines in a timely manner, which compromises business productivity. The dashboard will aggregate the history of the company’s operations and can set defaults to detect deviations and anomalies in real time. So the system is able to realize that something is not right and to alert you right away so that you can act before it becomes a serious problem.

Managers are not always able to identify deviations from work routines in a timely manner, which compromises business productivity. Dashboards combine the history of the company’s operations and can set defaults to detect deviations and anomalies in real time. Thus, Multipeers is able to realize that something is not right and to alert you right away so that you can act before it becomes a serious problem!

Get to know the importance of internal communication for meeting the objectives

Internal communication is made up of interactions, information exchanges and relationships within a company. Internal communication is often undervalued because managers are not always aware that the employees of a company are the first public of an organization and that they must be informed about the current state of business so that they can act in order to fulfill the objectives required. In today’s article we are going to talk about the importance of internal communication for accomplishing the goals!

Eliminating the semantic barriers

In a company we all speak the same language, but we don’t always understand the linguistic used. An organization is made up of people of different backgrounds and if we use a very technical language we run the risk of not getting the message we want to pass. Internal communication helps to ensure that this awareness exists and that messages are always passed in simple, objective language. This is the only way that employees will understand the state in which the company is and what they will have to do to help them achieve their goals.

Increasing competitiveness of teams

Competitiveness in the right dose is very positive in order to increase the delivery of employees in the performance of their duties. Knowing the goals of everyone and of the company in a global way allows employees to be stimulated to achieve their goals.

Better working environment

Internal communication transforms the organizational climate, improving interpersonal relationships and impacting very positively on the company’s productivity, making the whole business more profitable. When there is good communication, people communicate more easily with each other, exchanging ideas and finding solutions more quickly.

More knowledge

When there is an effective internal communication policy, it is easier to form collaborators because they exchange information between them and share knowledge. In a company that encourages good communication, employees will not be afraid to say “I don’t know” and will be able to learn from more experienced professionals.

Better financial results

In addition to all the advantages that effective internal communication brings to the company, the financial results of the organization also undergo very positive changes. A study carried out by Tower Watson revealed that companies that have effective communication had a 47% appreciation in the stock exchange over a period of 5 years, and this result is much more positive than in companies that don’t invest in internal communication.