Dashboards have been talked about for a long time. Many products have been created that will pull data from your accounting software and then present you with pretty graphs and charts. Most, or maybe all of them, have cost too much and offered very little, especially taken against their price. Anyone with the slightest bit of Excel skills can export data from an accounting package and create charts and graphs. For the past week or so I’ve been playing with my widgets in BQE’s Core, and I have to say I am, for once, impressed!
I think about my own business and what I really want to know right up front. A client (another software developer) keeps asking me, what do business owners ask for? What do they want to see at a glance and right away, first thing in the morning?
I was having trouble answering that because the answer could be so many things to so many different people. Then it hit me not long ago. What is the most common “dashboard” that we all look at almost every day? What does that dashboard tell us VERY quickly that we need to know while we’re moving fast, and without becoming a distraction unto itself?
How about your car?
And what does your car’s dashboard tell you, that you really need to know at a glance, without overwhelming you?
- How much fuel do you have in your tank?
- How fast are you going?
- And a few other indicators, like temperature, and warning lights that go on IF / WHEN something needs your attention.
What are the business equivalents?
- How much cash is in the bank?
- How much money are we making (profit)?
- Indicators, such as cash flow. Are we able to pay our bills? I want to know right away when there is trouble ahead.
Yep! I think that sums it all up perfectly. That’s what I want to see. What about you? Please comment below and let me know what you want to see first thing every morning when you are looking at your business dashboard?
Meanwhile check the video above to see how I put together my dashboard based on the above with BQE Core!