EXECUTIVE DASHBOARD
“Planning is bringing the future into the present so you can do something about it now.” Alan Lakein
Like the indicators on the dashboard in a vehicle, an Executive Dashboard presents a high level overview of the health of the business. With key revenue and performance metrics, the Executive Dashboard tracks revenue and business performance which supports the ability to make strategic business decisions to deliver on objectives, increase efficiency, and mitigate risk. The data on the Executive Dashboard can be used to clarify past outcomes, as well as leveraged to forecast future potential. What we measure often changes, whether or not it will serve the business, so be discerning to ensure your metrics serve your outcomes.
Justice
Justice is at the midpoint of the Major Arcana, a discerning analysis of what has happened thus far, as well as a look to what is ahead. An entrepreneur’s examination of their revenue and business activities is often fraught with emotion and judgment, while Justice and the Executive Dashboard analyze cause and effect without the emotional weight. If your inputs do not match your outputs, there are likely factors you are not considering that are affecting whether the scales are balanced or tipped. Justice is a rational critique of what is in the midst of the often-ambiguous and emotional entrepreneurial path.
Questions to consider:
- What metrics or business activities can you track to monitor the health of your business?
- Where can you invest in your business to increase your likelihood of reaching your desired outcomes?
- How does your actual and anticipated revenue compare with your break even?
- How can you leverage your Executive Dashboard to support your strategic planning?