A dashboard is defined as a type of graphical user interface which often provides at-a-glance views of key performance indicators (KPIs) relevant to a particular objective or business process. In other usage, "dashboard" is another name for "progress report" or "report."
There are many types of dashboard being used and Bitsing also uses a dashboard to help clients identify how they are progressing on achieving their revenue growth.
Choosing the right metrics to monitor and measure how your company achieves its KPIs is critical in ensuring that you achieve your revenue and profit objectives. The 6 BITSER Metrics are a set of simple and easily understood metrics.
They can be easily shared across your whole organisation and used effectively they will deliver growth. Here's what Lidy van der Schaft, CEO of De Key Housing has to say about how the BITSER Metrics helped them. "As a result of applying Bitsing across the entire organisation, we have all started speaking the same language. As a result, we work better together – and working together is, of course, always the best way of working. It’s another benefit of the Bitsing method.”
In addition, by carefully implementing these metrics it will ensure that you will achieve a positive Return-on-Spend (ROS).
In the images in this post we show the BiTS Funnel to explain the BITSER Metrics and the samples of the Bitsing Dashboards are from two clients in the B2B and B2C market sectors.
In the client dashboards you will notice that certain Metrics are highlighted in Red, Orange and Yellow. These are the 3 metrics that require priority attention. In addition, these metrics are given a percentage rating to reinforce the level of focus that these metrics require.
In addition, we have also highlighted the "growth goal" and "real growth" results. The "growth goal" was the revenue growth goal agreed at the beginning of the plan and the "real growth" represents what was actually achieved as a result of these clients implementing their Bitsing Plan.
If you would like to know more then get in touch via info@bitsing.ie.