Business Objects, business intelligence (BI) solutions provider, announced the general availability of BusinessObjects Dashboard Manager, a product for delivering management dashboards, scorecards, and alerting capabilities to the enterprise. Using these capabilities, customers can implement enterprise performance management (EPM) - the strategic application of business intelligence to improve organizational effectiveness. According to a December 2002 Gartner report, 40 percent of large organizations will have implemented corporate performance management by 2005 ("Put Corporate Performance Management to the Test").
BusinessObjects Dashboard Manager provides the ability to create management dashboards, which are at-a-glance displays that show the status of business metrics using easy to understand interface conventions such as gauges. These dashboards support popular management methodologies; for example, organizations using Six Sigma can easily add control charts to their dashboards to track if key indicators remain within established tolerances. Users gain broad visibility into the current status of the business, enabling them to track how their organization is performing against its strategic goals and how day-to-day execution is aligned with corporate strategy.
Like dashboards, scorecards provide a view into business performance using interface visuals such as stoplights and trend indicators to monitor larger number of metrics. Customers can build scorecards and cascade them through their organization to ensure that everyone is aligned to the same goals. They can also implement balanced scorecards that show performance along four dimensions: financial, customer, internal process, and learning and growth. BusinessObjects Dashboard Manager also supports other leading performance methodologies such as activity-based costing, economic value add (EVA), value- based management, and custom management philosophies.
Dashboard Manager also includes integrated alerting, allowing users to be notified of business issues via dashboards, email, and pagers. This allows metrics to be tracked around the clock, and allows problems to be identified and acted upon as soon as they arise. This alerting capability lets users manage by exception, enabling them to focus on the areas of the business that need attention while knowing that other metrics are continuously monitored for exception conditions.
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