I’ve been reading a lot about marketing performance metrics recently, which turns out to be a drier topic than I can easily tolerate—and I have a pretty high tolerance for dry. To give myself a bit of a break without moving too far afield, I decided to research marketing dashboard software. At least that let me look at some pretty pictures.
Sadly, the same problem that afflicts discussions of marketing metrics affects most dashboard systems: what they give you is a flood of disconnected information without any way to make sense of it. Most of the dashboard vendors stress their physical display capabilities—how many different types of displays they provide, how much data they can squeeze onto a page, how easily you can build things—and leave the rest to you. What this comes down to is: they let you make bigger, prettier mistakes faster.
Two exceptions did crop up that seem worth mentioning.
- ActiveStrategy builds scorecards that are specifically designed to link top-level business strategy with lower-level activities and results. They refer to this as “cascading” scorecards and that seems a good term to illustrate the relationship. I suppose this isn’t truly unique; I recollect the people at SAS showing me a similar hierarchy of key performance indicators, and there are probably other products with a cascading approach. Part of this may be the difference between dashboards and scorecards. Still, if nothing else, ActiveStrategy is doing a particularly good job of showing how to connect data with results.
- VisualAcuity doesn’t have the same strategic focus, but it does seek more effective alternatives to the normal dashboard display techniques. As their Web site puts it, “The ability to assimilate and make judgments about information quickly and efficiently is key to the definition of a dashboard. Dashboards aren’t intended for detailed analysis, or even great precision, but rather summary information, abbreviated in form and content, enough to highlight exceptions and initiate action.” VisualAcuity dashboards rely on many small displays and time-series graphs to do this.
Incidentally, if you’re just looking for something different, FYIVisual uses graphics rather than text or charts in a way that is probably very efficient at uncovering patterns and exceptions. It definitely doesn’t address the strategy issue and may or may not be more effective than more common display techniques. But at least it’s something new to look at.
Friday, 1 June 2007
Dashboard Software: Finding More than Flash
Posted on 09:37 by Unknown
Posted in analytics tools, customer metrics, dashboards, score cards, software selection
|
No comments
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment