Strategic Planning Key Terminology

Confused on the jargon? We can help.

<- Back to Glossary Index

Dashboard

In the context of strategic planning and performance management, a dashboard is a centralized visual tool that displays both KPIs (Key Performance Indicators) and OKRs (Objectives and Key Results). This integrated approach provides a comprehensive view of an organization’s performance and strategic progress, enabling leaders and team members to track, analyze, and make informed decisions based on real-time data.

Key aspects of a dashboard include:

  • Centralization: Bringing together KPIs and OKRs in one place for easy access and visibility. This helps avoid the fragmentation of information and ensures that all relevant metrics are available for review.
  • Visualization: Using charts, graphs, and other visual elements to represent data. This makes it easier to understand trends, identify patterns, and spot anomalies at a glance.
  • Real-Time Data: Providing up-to-date information that reflects the current status of KPIs and OKRs. Real-time data enables timely decision-making and quick response to any issues.
  • Interactivity: Enabling users to drill down into specific metrics for more detailed analysis. Interactive features help uncover deeper insights and facilitate more thorough evaluations of performance.

By leveraging a dashboard that integrates both KPIs and OKRs, organizations can gain a holistic view of their performance, drive better alignment, and make more informed decisions that propel them towards their strategic objectives.