KPIs are measurable values that indicate a company's progress towards goals and objectives, helping measure success. Metrics are quantifiable units that are tracked within KPIs to monitor processes and performance. Dashboards combine data from multiple sources to monitor business KPIs, metrics, and data points, providing decision makers a single visual display to track business performance and help make decisions, similar to how a car dashboard displays major functions at a glance.
KPIs are measurable values that indicate a company's progress towards goals and objectives, helping measure success. Metrics are quantifiable units that are tracked within KPIs to monitor processes and performance. Dashboards combine data from multiple sources to monitor business KPIs, metrics, and data points, providing decision makers a single visual display to track business performance and help make decisions, similar to how a car dashboard displays major functions at a glance.
KPIs are measurable values that indicate a company's progress towards goals and objectives, helping measure success. Metrics are quantifiable units that are tracked within KPIs to monitor processes and performance. Dashboards combine data from multiple sources to monitor business KPIs, metrics, and data points, providing decision makers a single visual display to track business performance and help make decisions, similar to how a car dashboard displays major functions at a glance.
KPIs are measurable values that indicate a company's progress towards goals and objectives, helping measure success. Metrics are quantifiable units that are tracked within KPIs to monitor processes and performance. Dashboards combine data from multiple sources to monitor business KPIs, metrics, and data points, providing decision makers a single visual display to track business performance and help make decisions, similar to how a car dashboard displays major functions at a glance.
Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
You are on page 1of 1
ard?What are KPIs and metrics?
Before learning about dashboards, we
will first need to understand the most important factors used in dashboards, i.e. KPIs and metrics.A KPI is a measurable value that indicates a company’s progress towards its goals and how well that company is achieving its key business objectives. Selecting the right KPIs for measuring a company’s success is an important need for any organization.A metric is a quantifiable and measurable unit within a KPI that tracks processes. With the help of metrics, you can track the activities and performance of a set target. The dashboard is a single visual display combining data from several sources to control the health of a business, a department, or a process, by monitoring the business KPIs, metrics, and key data points. The word “dashboard” originates from the car dashboard, where the driver of a car can see all the major functions of the car at a glance. A business dashboard is an information management tool that provides answers to the questions of the decision makers by tracking and analyzing business performance and helping them make the right decisions.