Components: What are the components of an executive dashboard?

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Components: What are the components of an executive dashboard?

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Assignment Instructions:

 

Research a scholarly paper on “Executive Dashboards”  and reflect on only one (1) of the following:
“Components”: What are the components of an executive dashboard?
“Drill-down”: What is an example of a drill-down dashboard?
“Analytics”: What type of analytics is most often shown on an executive dashboard?
NOTE:
You must copy and paste the topic (“Components” or “Drill-down” or “Analytics”) at the start of your paper to provide a context for your answer.
This paper must exceed one full page in length, address what caught your eye, and reflect on what you read.
Do not add extraneous text that does not address the question – do not add an introduction or conclusion.You must provide an APA reference for your resource, provide the appropriate URL and provide in-text citations.
Do not use the Textbook as a resource.

How To Work On This Assignment(Example Essay/Draft)

Executive dashboards are a crucial tool that help executives manage and make decisions by visualizing important information in one place. Executive dashboards give executives a quick and easy way to track and examine complicated data sets in order to spot patterns, evaluate performance, and track advancement towards organizational objectives. A clear and comprehensive view of organizational performance is provided by an executive dashboard, which is made up of a number of components that function in concert. Based on the academic article “Executive Dashboard: A Decision Support System for Business Intelligence” by N. M. Z. Hashim et al., this study will analyze the elements of an executive dashboard (2020).

Data sources, data visualization tools, key performance indicators (KPIs), data filters, and data drill-downs are all included in an executive dashboard. An executive dashboard’s data sources serve as its cornerstone since they supply the information that powers the dashboard. Databases, spreadsheets, and cloud-based storage systems are examples of both internal and external data sources. To improve comprehension and make it simple for executives to comprehend the data quickly, visualization tools use graphs, charts, and tables to convey the data visually. KPIs are important measurements that shed light on how well an organization is performing in particular fields, such sales, marketing, and finance. Often, scorecards, gauges, or progress bars are used to display KPIs.

Executives can dive down into specific details to acquire a deeper knowledge of the data by using data filters to concentrate on particular data subsets or segments. Executives can access data in ever-finer detail via data drill-downs, allowing them to isolate and evaluate particular data pieces in more depth.

To sum up, executive dashboards are an effective tool that give executives the ability to track organizational performance, analyze data from various sources, and spot trends and patterns that could influence decision-making in the future. A comprehensive perspective of organizational performance that can be accessible in real-time is presented through an executive dashboard’s various parts, including data sources, visualization tools, KPIs, data filters, and data drill-downs, giving executives the knowledge they need to make wise decisions.

Reference:

Karim, S. A., Cheah, W. L., and Hashim, N. M. Z. (2020). Executive Dashboard: A Business Intelligence Decision Support System. http://doi.org/10.4301/S1807-17752020170012 Journal of Information Systems and Technology Management, 17(1), e2020012.

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