More Related Content Similar to Business Intelligence - Why Data Visualization is Only the Tip of the Iceberg (20) Business Intelligence - Why Data Visualization is Only the Tip of the Iceberg1. ©2015 Competitive Solutions, Inc. All Rights Reserved
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Why Data Visualization is Only the
Tip of the Iceberg
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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 Iceberg
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 Iceberg
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 Iceberg
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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