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5 Ways to Optimize Your CEO Dashboard
Tor Inge Vasshus, Founder and CEO of Corporater
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
2
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
2
Florence Chadwick
1918 – 1995
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
3
In 1952, Florence attempted to swim the 26 miles/ 42 kilometer between
Catalina Island and the California coastline. After 15 hours and 55 minutes,
with only a half mile to go, Chadwick felt that she couldn't go on any further
and asked to be taken out of the water due to heavy fog.
3
When asked why she failed, she
answered «I couldn’t see the goal»
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
4
Two months later, she tried again and completed
the 21-mile Catalina channel
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
4
This time too, a thick fog surrounded her as she swam, but when
the reporter asked why she succeeded this time and not the last,
she answered, «I kept visualizing a mental image of my goal»
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
5
What is the goal of BI&A?
Some suggestions
Tool for data
consolidation
DATA
Gain insight
from data
INSIGHT+
Make better
business decisions
BUSINESS
CONTEXT+
And plan and execute on
the decisions made
PLANNING+ EXECUTION+
Generate
business outcomes
= IMPACT
Managerial Decision Making EnvironmentWe need to add a
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
6
Core
Requirement
Nature of
Decision
Strategic
Planning
Long term,
unstructured
Management
Control
Shorter term,
semi-structured
Operational
Control
Short term,
structured
Process
Control
Incident based,
structured
Managerial Decision Making Environment
Levels of Management | Taxonomy of management decision-making
Executive
Operational
Transactional
Top/Mid-Level
Managerial Decision Making Environment
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
7
Executive
dashboards
Recommendati
ons with high
level
background
Strategic plan
Strategic
planning/ goals
Management
meetings
Core
Requirement
Strategic
Planning
Management
Control
Operational
Control
Process
Control
Managerial Decision Making Environment
Levels of Management | Different reporting needs for different levels of management
DATA INSIGHT
BUSINESS
CONTEXT
PLANNING EXECUTION
Transactional
real time data
Alarms/
Decision/ Rule
Engine
ID/ Location/
TAG/ VR
Operate
PLS/
Automation
Operational
process data/
Big Data
Pattern/ AI/
CEP
Drawings and
maps
Operational
Plans
IBPM
Higher level
business data
Qualitative
assessments
and
quantitative
trends
Business
frameworks
Functional goal
based plans
Workflow
Executive
Operational
Transactional
Top/Mid-Level
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
8
CxO Dashboards
Business Dashboards
Operational Dashboards
Real Time Control Systems
Managerial Decision Making Environment
Levels of Management | Different dashboard needs for different levels of management
Executive
Operational
Transactional
Top/Mid-Level
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
9
Managerial Decision Making Environment
Developing managerial decision making is the key to optimizing your CEO dashboard
Executive
Top/Mid-Level
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
10
5 Ways to Optimize Your CEO Dashboard
To create managerial decision making environment that leads to business impact
IMPACT
1. CONTEXT AND BACKGROUND
2. INSIGHT AND ASSESSMENT
3. PLANNING AND PRIORITIZATION
4. EXECUTION AND CONTROL
5. REMOVE FRICTIONS
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
11
Analytical Dashboards - Main Components
1. CONTEXT AND BACKGROUND
Illustration example: Traditional dashboards
• Report based
• Filter/ query based
• Quantitative in its nature
• Not suited for top level
management
Quantitative
Report
Name
Filters
FOR ILLUSTRATION
PURPOSES ONLY
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
12
CXO’s are not happy
There is a big information gap
One of the more striking findings in this year’s survey is the fact that the
‘information gap’ – the gap between the data CEOs need and what they get
has not closed in the ten years since we last asked them these questions.
PwC 22nd Annual Global CEO Survey
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
13
Your CEO Dashboard should:
• Tell the business story
• Put the story into a strategic context
• Show strategic alignment
• Populate it with timely adequate
needed information to take decisions
• Show how it all relates to the higher
level plan that the CXO wants to
execute
5 Ways to Optimize Your CEO Dashboard
FOR ILLUSTRATION
PURPOSES ONLY
1. CONTEXT AND BACKGROUND
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
14
Your CEO Dashboard should:
• Tell the business story
• Put the story into a strategic context
• Show strategic alignment
• Populate it with timely adequate
needed information to take decisions
• Show how it all relates to the higher
level plan that the CXO wants to
execute
5 Ways to Optimize Your CEO Dashboard
FOR ILLUSTRATION
PURPOSES ONLY
1. CONTEXT AND BACKGROUND
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
15
Navigate in a
business model
framework
FOR ILLUSTRATION
PURPOSES ONLY
Your CEO Dashboard should:
• Provide navigation in a business
model framework
5 Ways to Optimize Your CEO Dashboard
1. CONTEXT AND BACKGROUND
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
16
Narrative
Loaded
with
business
meta data
FOR ILLUSTRATION
PURPOSES ONLY
Your CEO Dashboard should:
• Narrate the full progress of your
key performance indicators
• Be loaded with business meta
data
5 Ways to Optimize Your CEO Dashboard
1. CONTEXT AND BACKGROUND
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
17
Loaded with
business
meta data
Documents &
reports
Calibration through
benchmarkingKPI is like a diamond
– it has many facets
FOR ILLUSTRATION
PURPOSES ONLY
Your CEO Dashboard should:
• Calibrate through benchmarking
• Provide pixel-perfect reports and
documentation
5 Ways to Optimize Your CEO Dashboard
1. CONTEXT AND BACKGROUND
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
18
5 Ways to Optimize Your CEO Dashboard
2. INSIGHT AND ASSESSMENT
FOR ILLUSTRATION
PURPOSES ONLY
Your CEO Dashboard should:
• Navigate in a story dashboard
• Give your executives the full picture
of the organization
• Show summaries with drilldown
• Go from a strategic summary
dashboard to an operational insights
application
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
19
Your CEO Dashboard should:
• Give high-level insights from data
• Show assessments done from peers
High Level
Insight from
data
Assessment
from peers
Alignment
5 Ways to Optimize Your CEO Dashboard
FOR ILLUSTRATION
PURPOSES ONLY
2. INSIGHT AND ASSESSMENT
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
20
FOR ILLUSTRATION
PURPOSES ONLY
5 Ways to Optimize Your CEO Dashboard
Easy navigation
(visual navigation)
KPI
breakdown
Navigate from strategic
overview to operational focus
to the Value Driver Tree
Your CEO Dashboard should:
• Give the KPI (Key Performance
Indicator) breakdown
• Navigate from strategic overview to
operational focus to the value driver
tree
• Provide a visually appealing value
driver tree
2. INSIGHT AND ASSESSMENT
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
21
Your CEO Dashboard should:
• Provide KPI drill-down capabilities
FOR ILLUSTRATION
PURPOSES ONLY
5 Ways to Optimize Your CEO Dashboard
Drill into Non-Productive time from Value Driver Tree. See
all sides of a KPI including data, assessments, sources,
descriptions and click on Analysis to dive into the data.
2. INSIGHT AND ASSESSMENT
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
22
FOR ILLUSTRATION
PURPOSES ONLY
5 Ways to Optimize Your CEO Dashboard
Use the data and insights as a foundational
piece to create actions and to make decisions.
Your CEO Dashboard should:
• Put BI&A into a context
• Help you to create actions from data
and insights
• Guide to make better business
decisions through data
• Complete the managerial decision
making environment
2. INSIGHT AND ASSESSMENT
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
23
5 Ways to Optimize Your CEO Dashboard
3. PLANNING AND PRIORITIZATION
Strategic
direction
Gained
insight
Plan and prioritize -
• Time
• Resources (people and money)
• Risk
• Effect/benefit/ business case
Executive
Operational
Transactional
Top/Mid-Level
Directions and focus most often comes from the
executive side, but many times insights can also
alter directions. Make sure actions and decisions
are planned and prioritized properly.
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
24
5 Ways to Optimize Your CEO Dashboard
Executive
Mid-Level
FOR ILLUSTRATION
PURPOSES ONLY
What Why Who How When
Plans should answer certain questions.
3. PLANNING AND PRIORITIZATION
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
25
5 Ways to Optimize Your CEO Dashboard
4. EXECUTION AND CONTROL
Full of action oriented commands:
FOR ILLUSTRATION
PURPOSES ONLY
• Check
• Start
• Send
• Invite
• Delegate
• Add
• Upload
• Download
• Comment
• Update
• Delete
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
26
5 Ways to Optimize Your CEO Dashboard
FOR ILLUSTRATION
PURPOSES ONLY
• Achieving goals is all about
individuals and teams. Make sure
they have the tools they need to
execute on insights and tasks
• Use workflows and notifications
to increase the speed of
execution and to control the
quality and movement
4. EXECUTION AND CONTROL
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
27
5 Ways to Optimize Your CEO Dashboard
FOR ILLUSTRATION
PURPOSES ONLY
Examples of dashboard to capture
feedback
4. EXECUTION AND CONTROL
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
28
5 Ways to Optimize Your CEO Dashboard
• CXO Dasboards also need process/ workflow support
From: You have to seek information
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
28
To: Information finds you
4. EXECUTION AND CONTROL
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
29
5 Ways to Optimize Your CEO Dashboard
5. REMOVE FRICTIONS
• Quality of Operations: Managers get irritated over doing the same thing twice – make it easy for them!
From: Consume information To: Work in the CXO dashboard
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
29
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
30
5 Ways to Optimize Your CEO Dashboard
• Managers get irritated over doing the same thing twice – make it easy for them!
Text aggregation/ re-use of information
Aggregate and select assessments
from your team and use them in the
reports
5. REMOVE FRICTIONS
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
31
5 Ways to Optimize Your CEO Dashboard
• Once reported – finished! No more double reporting – no more cut-copy-paste
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
31
5. REMOVE FRICTIONS
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
32
To summarize
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
33
We need to add a Managerial Decision Making,
Planning, and Execution Environment to our
dashboards.
Tool for data
consolidation
DATA
Gain insight
from data
INSIGHT+
Make better
business decisions
BUSINESS
CONTEXT+
And plan and execute on
the decisions made
PLANNING+ EXECUTION+
Generate
business outcomes
= IMPACT
We need to add a Managerial Decision Making,
Planning,
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
34
Core
Requirement
Strategic
Planning
Management
Control
Operational
Control
Process
Control
Executive
dashboards
Recommendati
ons with high
level
background
Strategic plan
Strategic
planning/ goals
Management
meetings
Managerial Decision Making Environment
Levels of Management | Different reporting needs for different levels of management
DATA INSIGHT
BUSINESS
CONTEXT
PLANNING EXECUTION
Transactional
real time data
Alarms/
Decision/ Rule
Engine
ID/ Location/
TAG/ VR
Operate
PLS/
Automation
Operational
process data/
Big Data
Pattern/ AI/
CEP
Drawings and
maps
Operational
Plans
IBPM
Higher level
business data
Qualitative
assessments
and
quantitative
trends
Business
frameworks
Functional goal
based plans
Workflow
Executive
Operational
Transactional
Top/Mid-Level
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
35
Executive
dashboards
Recommendati
ons with high
level
background
Strategic plan
Strategic
planning/ goals
Management
meetings
Core
Requirement
Strategic
Planning
Management
Control
Operational
Control
Process
Control
Managerial Decision Making Environment
Levels of Management | Different reporting needs for different levels of management
DATA INSIGHT
BUSINESS
CONTEXT
PLANNING EXECUTION
Transactional
real time data
Alarms/
Decision/ Rule
Engine
ID/ Location/
TAG/ VR
Operate
PLS/
Automation
Operational
process data/
Big Data
Pattern/ AI/
CEP
Drawings and
maps
Operational
Plans
IBPM
Higher level
business data
Qualitative
assessments
and
quantitative
trends
Business
frameworks
Functional goal
based plans
Workflow
Executive
Operational
Transactional
Top/Mid-Level
AUTOMATION
EFFICIENCY AND EFFECTIVENESS
BUSINESS OUTCOMES
WINNING
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
36
5 Ways to Optimize Your CEO Dashboard
To create managerial decision making environment that leads to business impact
1. CONTEXT AND BACKGROUND
2. INSIGHT AND ASSESSMENT
3. PLANNING AND PRIORITIZATION
4. EXECUTION AND CONTROL
5. REMOVE FRICTIONS
IMPACT
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
37
Business Management Platform
5 Ways to Optimize Your CEO Dashboard
To do this you need a solid architecture that can supports this
Data
platform
Analytics
platform
Process
platform
1. CONTEXT AND BACKGROUND
2. INSIGHT AND ASSESSMENT
3. PLANNING AND PRIORITIZATION
4. EXECUTION AND CONTROL
5. REMOVE FRICTIONS
IMPACT
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
38
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
DOWNLOAD
BROCHURE
Our Platform
Complete overview of your business
The Corporater Business Management Platform
(BMP) is one such platform which provides you a
solid architecture to create a managerial decision
making environment that leads to business impact.
Interested in Corporater BMP’s ‘One view. One
platform’ approach? Find out more…
Thank You
Tor Inge Vasshus
marketing@corporater.com
www.corporater.com

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5 Ways to Optimize Your CEO Dashboard

  • 1. 5 Ways to Optimize Your CEO Dashboard Tor Inge Vasshus, Founder and CEO of Corporater
  • 2. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 2 Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 2 Florence Chadwick 1918 – 1995
  • 3. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 3 In 1952, Florence attempted to swim the 26 miles/ 42 kilometer between Catalina Island and the California coastline. After 15 hours and 55 minutes, with only a half mile to go, Chadwick felt that she couldn't go on any further and asked to be taken out of the water due to heavy fog. 3 When asked why she failed, she answered «I couldn’t see the goal»
  • 4. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 4 Two months later, she tried again and completed the 21-mile Catalina channel Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 4 This time too, a thick fog surrounded her as she swam, but when the reporter asked why she succeeded this time and not the last, she answered, «I kept visualizing a mental image of my goal»
  • 5. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 5 What is the goal of BI&A? Some suggestions Tool for data consolidation DATA Gain insight from data INSIGHT+ Make better business decisions BUSINESS CONTEXT+ And plan and execute on the decisions made PLANNING+ EXECUTION+ Generate business outcomes = IMPACT Managerial Decision Making EnvironmentWe need to add a
  • 6. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 6 Core Requirement Nature of Decision Strategic Planning Long term, unstructured Management Control Shorter term, semi-structured Operational Control Short term, structured Process Control Incident based, structured Managerial Decision Making Environment Levels of Management | Taxonomy of management decision-making Executive Operational Transactional Top/Mid-Level Managerial Decision Making Environment
  • 7. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 7 Executive dashboards Recommendati ons with high level background Strategic plan Strategic planning/ goals Management meetings Core Requirement Strategic Planning Management Control Operational Control Process Control Managerial Decision Making Environment Levels of Management | Different reporting needs for different levels of management DATA INSIGHT BUSINESS CONTEXT PLANNING EXECUTION Transactional real time data Alarms/ Decision/ Rule Engine ID/ Location/ TAG/ VR Operate PLS/ Automation Operational process data/ Big Data Pattern/ AI/ CEP Drawings and maps Operational Plans IBPM Higher level business data Qualitative assessments and quantitative trends Business frameworks Functional goal based plans Workflow Executive Operational Transactional Top/Mid-Level
  • 8. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 8 CxO Dashboards Business Dashboards Operational Dashboards Real Time Control Systems Managerial Decision Making Environment Levels of Management | Different dashboard needs for different levels of management Executive Operational Transactional Top/Mid-Level
  • 9. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 9 Managerial Decision Making Environment Developing managerial decision making is the key to optimizing your CEO dashboard Executive Top/Mid-Level
  • 10. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 10 5 Ways to Optimize Your CEO Dashboard To create managerial decision making environment that leads to business impact IMPACT 1. CONTEXT AND BACKGROUND 2. INSIGHT AND ASSESSMENT 3. PLANNING AND PRIORITIZATION 4. EXECUTION AND CONTROL 5. REMOVE FRICTIONS
  • 11. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 11 Analytical Dashboards - Main Components 1. CONTEXT AND BACKGROUND Illustration example: Traditional dashboards • Report based • Filter/ query based • Quantitative in its nature • Not suited for top level management Quantitative Report Name Filters FOR ILLUSTRATION PURPOSES ONLY
  • 12. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 12 CXO’s are not happy There is a big information gap One of the more striking findings in this year’s survey is the fact that the ‘information gap’ – the gap between the data CEOs need and what they get has not closed in the ten years since we last asked them these questions. PwC 22nd Annual Global CEO Survey
  • 13. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 13 Your CEO Dashboard should: • Tell the business story • Put the story into a strategic context • Show strategic alignment • Populate it with timely adequate needed information to take decisions • Show how it all relates to the higher level plan that the CXO wants to execute 5 Ways to Optimize Your CEO Dashboard FOR ILLUSTRATION PURPOSES ONLY 1. CONTEXT AND BACKGROUND
  • 14. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 14 Your CEO Dashboard should: • Tell the business story • Put the story into a strategic context • Show strategic alignment • Populate it with timely adequate needed information to take decisions • Show how it all relates to the higher level plan that the CXO wants to execute 5 Ways to Optimize Your CEO Dashboard FOR ILLUSTRATION PURPOSES ONLY 1. CONTEXT AND BACKGROUND
  • 15. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 15 Navigate in a business model framework FOR ILLUSTRATION PURPOSES ONLY Your CEO Dashboard should: • Provide navigation in a business model framework 5 Ways to Optimize Your CEO Dashboard 1. CONTEXT AND BACKGROUND
  • 16. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 16 Narrative Loaded with business meta data FOR ILLUSTRATION PURPOSES ONLY Your CEO Dashboard should: • Narrate the full progress of your key performance indicators • Be loaded with business meta data 5 Ways to Optimize Your CEO Dashboard 1. CONTEXT AND BACKGROUND
  • 17. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 17 Loaded with business meta data Documents & reports Calibration through benchmarkingKPI is like a diamond – it has many facets FOR ILLUSTRATION PURPOSES ONLY Your CEO Dashboard should: • Calibrate through benchmarking • Provide pixel-perfect reports and documentation 5 Ways to Optimize Your CEO Dashboard 1. CONTEXT AND BACKGROUND
  • 18. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 18 5 Ways to Optimize Your CEO Dashboard 2. INSIGHT AND ASSESSMENT FOR ILLUSTRATION PURPOSES ONLY Your CEO Dashboard should: • Navigate in a story dashboard • Give your executives the full picture of the organization • Show summaries with drilldown • Go from a strategic summary dashboard to an operational insights application
  • 19. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 19 Your CEO Dashboard should: • Give high-level insights from data • Show assessments done from peers High Level Insight from data Assessment from peers Alignment 5 Ways to Optimize Your CEO Dashboard FOR ILLUSTRATION PURPOSES ONLY 2. INSIGHT AND ASSESSMENT
  • 20. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 20 FOR ILLUSTRATION PURPOSES ONLY 5 Ways to Optimize Your CEO Dashboard Easy navigation (visual navigation) KPI breakdown Navigate from strategic overview to operational focus to the Value Driver Tree Your CEO Dashboard should: • Give the KPI (Key Performance Indicator) breakdown • Navigate from strategic overview to operational focus to the value driver tree • Provide a visually appealing value driver tree 2. INSIGHT AND ASSESSMENT
  • 21. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 21 Your CEO Dashboard should: • Provide KPI drill-down capabilities FOR ILLUSTRATION PURPOSES ONLY 5 Ways to Optimize Your CEO Dashboard Drill into Non-Productive time from Value Driver Tree. See all sides of a KPI including data, assessments, sources, descriptions and click on Analysis to dive into the data. 2. INSIGHT AND ASSESSMENT
  • 22. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 22 FOR ILLUSTRATION PURPOSES ONLY 5 Ways to Optimize Your CEO Dashboard Use the data and insights as a foundational piece to create actions and to make decisions. Your CEO Dashboard should: • Put BI&A into a context • Help you to create actions from data and insights • Guide to make better business decisions through data • Complete the managerial decision making environment 2. INSIGHT AND ASSESSMENT
  • 23. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 23 5 Ways to Optimize Your CEO Dashboard 3. PLANNING AND PRIORITIZATION Strategic direction Gained insight Plan and prioritize - • Time • Resources (people and money) • Risk • Effect/benefit/ business case Executive Operational Transactional Top/Mid-Level Directions and focus most often comes from the executive side, but many times insights can also alter directions. Make sure actions and decisions are planned and prioritized properly.
  • 24. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 24 5 Ways to Optimize Your CEO Dashboard Executive Mid-Level FOR ILLUSTRATION PURPOSES ONLY What Why Who How When Plans should answer certain questions. 3. PLANNING AND PRIORITIZATION
  • 25. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 25 5 Ways to Optimize Your CEO Dashboard 4. EXECUTION AND CONTROL Full of action oriented commands: FOR ILLUSTRATION PURPOSES ONLY • Check • Start • Send • Invite • Delegate • Add • Upload • Download • Comment • Update • Delete
  • 26. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 26 5 Ways to Optimize Your CEO Dashboard FOR ILLUSTRATION PURPOSES ONLY • Achieving goals is all about individuals and teams. Make sure they have the tools they need to execute on insights and tasks • Use workflows and notifications to increase the speed of execution and to control the quality and movement 4. EXECUTION AND CONTROL
  • 27. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 27 5 Ways to Optimize Your CEO Dashboard FOR ILLUSTRATION PURPOSES ONLY Examples of dashboard to capture feedback 4. EXECUTION AND CONTROL
  • 28. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 28 5 Ways to Optimize Your CEO Dashboard • CXO Dasboards also need process/ workflow support From: You have to seek information Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 28 To: Information finds you 4. EXECUTION AND CONTROL
  • 29. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 29 5 Ways to Optimize Your CEO Dashboard 5. REMOVE FRICTIONS • Quality of Operations: Managers get irritated over doing the same thing twice – make it easy for them! From: Consume information To: Work in the CXO dashboard Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 29
  • 30. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 30 5 Ways to Optimize Your CEO Dashboard • Managers get irritated over doing the same thing twice – make it easy for them! Text aggregation/ re-use of information Aggregate and select assessments from your team and use them in the reports 5. REMOVE FRICTIONS
  • 31. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 31 5 Ways to Optimize Your CEO Dashboard • Once reported – finished! No more double reporting – no more cut-copy-paste Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 31 5. REMOVE FRICTIONS
  • 32. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 32 To summarize
  • 33. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 33 We need to add a Managerial Decision Making, Planning, and Execution Environment to our dashboards. Tool for data consolidation DATA Gain insight from data INSIGHT+ Make better business decisions BUSINESS CONTEXT+ And plan and execute on the decisions made PLANNING+ EXECUTION+ Generate business outcomes = IMPACT We need to add a Managerial Decision Making, Planning,
  • 34. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 34 Core Requirement Strategic Planning Management Control Operational Control Process Control Executive dashboards Recommendati ons with high level background Strategic plan Strategic planning/ goals Management meetings Managerial Decision Making Environment Levels of Management | Different reporting needs for different levels of management DATA INSIGHT BUSINESS CONTEXT PLANNING EXECUTION Transactional real time data Alarms/ Decision/ Rule Engine ID/ Location/ TAG/ VR Operate PLS/ Automation Operational process data/ Big Data Pattern/ AI/ CEP Drawings and maps Operational Plans IBPM Higher level business data Qualitative assessments and quantitative trends Business frameworks Functional goal based plans Workflow Executive Operational Transactional Top/Mid-Level
  • 35. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 35 Executive dashboards Recommendati ons with high level background Strategic plan Strategic planning/ goals Management meetings Core Requirement Strategic Planning Management Control Operational Control Process Control Managerial Decision Making Environment Levels of Management | Different reporting needs for different levels of management DATA INSIGHT BUSINESS CONTEXT PLANNING EXECUTION Transactional real time data Alarms/ Decision/ Rule Engine ID/ Location/ TAG/ VR Operate PLS/ Automation Operational process data/ Big Data Pattern/ AI/ CEP Drawings and maps Operational Plans IBPM Higher level business data Qualitative assessments and quantitative trends Business frameworks Functional goal based plans Workflow Executive Operational Transactional Top/Mid-Level AUTOMATION EFFICIENCY AND EFFECTIVENESS BUSINESS OUTCOMES WINNING
  • 36. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 36 5 Ways to Optimize Your CEO Dashboard To create managerial decision making environment that leads to business impact 1. CONTEXT AND BACKGROUND 2. INSIGHT AND ASSESSMENT 3. PLANNING AND PRIORITIZATION 4. EXECUTION AND CONTROL 5. REMOVE FRICTIONS IMPACT
  • 37. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 37 Business Management Platform 5 Ways to Optimize Your CEO Dashboard To do this you need a solid architecture that can supports this Data platform Analytics platform Process platform 1. CONTEXT AND BACKGROUND 2. INSIGHT AND ASSESSMENT 3. PLANNING AND PRIORITIZATION 4. EXECUTION AND CONTROL 5. REMOVE FRICTIONS IMPACT
  • 38. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 38 Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. DOWNLOAD BROCHURE Our Platform Complete overview of your business The Corporater Business Management Platform (BMP) is one such platform which provides you a solid architecture to create a managerial decision making environment that leads to business impact. Interested in Corporater BMP’s ‘One view. One platform’ approach? Find out more…
  • 39. Thank You Tor Inge Vasshus marketing@corporater.com www.corporater.com

Editor's Notes

  1. Does anyone know who is this lady? Her name is Florence Chadwick and she was a long-distance swimmer. In 1952, Florence attempted to swim the 26 miles/ 42 kilometer between Catalina Island and the California coastline. As she began, she was flanked by small boats that watched for sharks and were prepared to help her if she got hurt or grew tired. After about 15 hours a thick fog set in. Florence began to doubt her ability, and she told her mother, who was in one of the boats, that she did not think she could make it. She swam for another hour before asking to be pulled out, unable to see the coastline due to the fog. As she sat in the boat, she found out she had stopped swimming just one mile (1,5 km) away from her destination.[5] - I could not see the goal. Two months later, she tried again. The same thick fog set in, but she succeeded in reaching Catalina. She said that she kept a mental image of the shoreline in her mind while she swam. She later swam the Catalina channel on two additional occasions.[4] We all need to see the goal with what we are doing?
  2. Does anyone know who is this lady? Her name is Florence Chadwick and she was a long-distance swimmer. In 1952, Florence attempted to swim the 26 miles/ 42 kilometer between Catalina Island and the California coastline. As she began, she was flanked by small boats that watched for sharks and were prepared to help her if she got hurt or grew tired. After about 15 hours a thick fog set in. Florence began to doubt her ability, and she told her mother, who was in one of the boats, that she did not think she could make it. She swam for another hour before asking to be pulled out, unable to see the coastline due to the fog. As she sat in the boat, she found out she had stopped swimming just one mile (1,5 km) away from her destination.[5] - I could not see the goal. Two months later, she tried again. The same thick fog set in, but she succeeded in reaching Catalina. She said that she kept a mental image of the shoreline in her mind while she swam. She later swam the Catalina channel on two additional occasions.[4] We all need to see the goal with what we are doing?
  3. Does anyone know who is this lady? Her name is Florence Chadwick and she was a long-distance swimmer. In 1952, Florence attempted to swim the 26 miles/ 42 kilometer between Catalina Island and the California coastline. As she began, she was flanked by small boats that watched for sharks and were prepared to help her if she got hurt or grew tired. After about 15 hours a thick fog set in. Florence began to doubt her ability, and she told her mother, who was in one of the boats, that she did not think she could make it. She swam for another hour before asking to be pulled out, unable to see the coastline due to the fog. As she sat in the boat, she found out she had stopped swimming just one mile (1,5 km) away from her destination.[5] - I could not see the goal. Two months later, she tried again. The same thick fog set in, but she succeeded in reaching Catalina. She said that she kept a mental image of the shoreline in her mind while she swam. She later swam the Catalina channel on two additional occasions.[4] We all need to see the goal with what we are doing?
  4. Link it all together
  5. Visually appealing value driver tree Giving a high level overview in cause and effect relationship
  6. A KPI is like a diamond – it has many facets Showing the right view in the right context to the right people
  7. Putting BI&A into a context Completing the managerial decision making environment
  8. You work in the application
  9. People have their individual personal dashboards and are kept responsible
  10. Softer issues are also handled
  11. Quality of Operations - organizational politics, working conditions, quality of leadership, and relationships between supervisors, subordinates, and peers.
  12. To recap… In order to reach IMPACT and to generate business outcome, we need to add managerial decision making environment.
  13. So here you have it – The 5 ways to optimize your CEO dashboard. Optimizing your CEO your dashboard will help create managerial decision making environment that leads to business impact.
  14. So here you have it – The 5 ways to optimize your CEO dashboard. Optimizing your CEO your dashboard will help create managerial decision making environment that leads to business impact. To do this, you will need a solid architecture that can support this.