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Business Performance Dashboard and Importance of Artificial Intelligence in Building Smart Systems

   

Added on  2023-06-11

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Contents
Business Performance Dashboard...................................................................................................2
Illustration of business performance................................................................................................2
Information provided in the dashboard............................................................................................3
Visual objects used in the dashboard...............................................................................................3
Qualitative and Quantitative measures used in the dashboard........................................................4
Pitfalls in the dashboard design.......................................................................................................4
Ways to improve dashboard designs...............................................................................................4
Importance of Artificial system in building smart systems.............................................................5
Artificial intelligence in transforming companies...........................................................................5
Thread of artificial intelligence and the limitations of smart systems.............................................5
Bibliography....................................................................................................................................6
Business Performance Dashboard and Importance of Artificial Intelligence in Building Smart Systems_1

Business Performance Dashboard
(Inetsoft, 2018)
Illustration of business performance
A dashboard is a visual representation of a company’s performance in real time. The dashboards
collaborate all the information in one place. It helps in manipulating the data to make
information in an accessible format. It helps in measuring the employees’ performance. The
dashboard includes all the aspects of the business from marketing, services, sales and all other
activities of the organization.
The selected dashboard provides a pictorial representation of the executive overview of the
organization. The revenue of the organization has been decreased to $ 1.04 million from $1.11
million. The returns of the company have been improved by 78.72%. The return rate has been
increased by 75.80%. Annie performed well in comparison to other employees in terms of
revenue. The revenue graph shows the downfall in revenue. The dashboard can also be defined
Business Performance Dashboard and Importance of Artificial Intelligence in Building Smart Systems_2

as the progress report of the organization. It provides the profitability details of an organization
(Ridd, 2015).
Information provided in the dashboard
The dashboard demonstrates measurable values of a company’s achievements. The dashboard
provides the marketing operational data. It helps in providing timely information to the
employees and all other key people of the organization. The business dashboard's valuable
information and overview of valuable numbers helps in making better analysis of the business
operations.
The dashboard provides all the information required by the managers in making decisions. The
dashboards information is related to sales, manufacturing, finance and human resources. The
dashboards help the employees in performing their activities efficiently. It includes the key
performance indicators of an organization. The selected dashboard provides the details related to
revenue, returns and rate of return of the organization.
The dashboard provides statewide sales information. It provides details of the sales fluctuations
on a monthly basis of the company. There is also information related to employee performance
quarterly. It helps in evaluating and presenting the company’s profitability (Smartsheet, 2018).
Visual objects used in the dashboard
The dashboard is a visual representation of contextual information about an organization’s
performance. The dashboard contains various visual implications to provide information more
attractively and efficiently. Various sheets, texts, images, graphs and other pictures are used to
prepare the dashboard.
The dashboard contains a table for the representation of revenue and rate of return. The
dashboard provides the sales information in an area graph format. The sales trends are shown in
Business Performance Dashboard and Importance of Artificial Intelligence in Building Smart Systems_3

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