Tracking Your Operation’s Financial Position Using a “Dashboard”
January 28, 2010 – 11:25 amPosted To: The Garrett Watts Report
We are seeing more and more CEOs looking for accurate and concise information about their companies to help detect positive and negative trends. Rather than shifting through hoards of reports and data, they would rather have a one page “Dashboard” that shows the key drivers, metrics and financial results of their operation. Additionally, we find most CEOs have a little ADD and like visual pictures instead of a page of boring data. There is a Chinese proverb that says “One picture is worth a thousand words”. I might add it’s worth a thousand numbers as well. The following is an example of a Dash Board I pulled off of DashboardZone.com : This week I spent a day with an owner/CEO of a mid size mortgage company in Northern California where we performed an annual FOCIS...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.