Business Intelligence - Why Data Visualization is Only the Tip of the Iceberg

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Why Data Visualization is Only the Tip of the Iceberg



What is Data Visualization?

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Data Visualization – the goal is to communicate information clearly and efficiently via the statistical graphics, plots, information graphics, tables, and charts.

Effective Data Visualization:

• Highlights performance

• Displays patterns and relationships within the data

• Makes complex data easy to use and understand

• Helps you make better decisions



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Data Visualization Challenges

What to Measure: Tie metrics/KPIs to strategic and department-specific goals

Where to Find it: Find the right data buried within the right reports

Confirm Relevance:Get clarification on what the boss wants to know

Collecting and Saving the Data:Hoarding reports, attachments and emails in your inbox

Tech Support:Pain of making requests through IT

Guarding the Gate:Block users from changing formulas and breaking charts





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Data Visualization Results

Does the data have meaning?Is this actionable data?

Can you decipher and use this information?



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Data Visualization Iceberg

Data Visualization



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Data Visualization

Scorecard System = Measure

In a culture of ownership you spend less time, energy, and resources holding people accountable because they hold themselves accountable.



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Data Visualization – Scorecard System

Effective Scorecard Systems help organizations:

• Tactical system to reach strategic objectives

• Track business results

• Establish a common business language

• Equip leaders to make timely, informed decisions

• Increase employee engagement



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Data Visualization

Communication System = Discuss

Department Head Directors Branch Heads Unit Heads Employees



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Data Visualization – Communication System

Effective Communication Systems help an organization:

• Define standards for discussing the business

• Establish a consistent cadence

• Keep agendas focused on business outcomes

• Cascade critical business information

• Evaluate if meetings are moving the business forward



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Data Visualization

Accountability System = Act

What to do when people break their commitments.



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Data Visualization – Accountability System

Effective Accountability Systems help an organization:

• Clearly define what is to be done

• Identify who takes corrective action (1 person)

• Assign a target date for each action

• Link directly to a metric/KPI for clear line of site

• Understand the process of action assignment and follow through



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The Complete Picture

Permissions – Control who has access to information and who can manage data

Cascading Scorecards – Focus on the data and not on broken equations and spreadsheet links.

Action Register- link metrics and actions to give managers clear line of sight to business activities

Dashboards - give management quick, visual insights into organizational performance



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What Users Say

"The scorecard saves us 10-12 hours of meeting time each month. That's huge!

"We improved operating efficiencies by more than 20% versus last year.”

"Our last company survey showed a 40% increase in employee engagement."

"We have reduced safety incidents by 90% over the past three years with the help of the scorecard communication features."



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Learn More

Request a Private Demo at [email protected]

www.PBLSCoreCard.com

Call us at (770) 667-9071