What is a management control dashboard?

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The company dashboard
Also known as a “dashboard,” the dashboard is the management controller’s favorite companion. It has evolved from a simple control tool to a powerful decision-making aid that drives continuous improvement in business processes and performance.

The main function of the corporate dashboard is to provide a synthetic cayman islands number screening representation of the business activity and results, mainly through visual aids such as graphs. It is a tool to present indicators related to business objectives, with the aim of quickly implementing corrective actions.

Define dashboard goals
Before diving head first into creating your own management control dashboard, it is imperative to clarify your expectations and needs. It is also essential to identify the end users of each data. It is in this first phase of reflection that it becomes essential to involve your colleagues in the design of the table. Uniting them around this project will stimulate their motivation when they use it in the future.

Choose the indicators
It is essential to select indicators that are in line with your company's strategy. These indicators must be consistent with the type of dashboard defined in the previous step and must absolutely allow for immediate action.

Structure the dashboard
Structuring the dashboard consists of organizing the indicators so that the message conveyed is as clear and complete as possible. The dashboard design should be visually appealing to facilitate reading and understanding.