How to get back on the path of growth?

We must be able to define which business model we are targeting, what are the goals we want to achieve, what public or market do we want to "conquer" and all this in how much time, Inter alia.

One control panel no es otra cosa que una herramienta que nos permite monitorear el funcionamiento general de nuestra empresa o emprendimiento. It also facilitates the rapid detection and diagnosis of any anomalous situation that could occur during the development of the management, facilitating its urgent repair and return to the previously traced course.

To achieve a successful implementation of these boards, Certain fundamental parameters must be clearly established beforehand., without which we would not know exactly what we want to monitor. First of all, it must be clearly defined., what business model are we targeting, what are the goals we want to achieve, What public or market do we want to "conquer" with our product or service and all this in how much time, Inter alia.

At this point I want to pause briefly to emphasize the importance of clearly defining these parameters.. De nada sirve establecer un modelo de negocio, goals and objectives that cannot be met. Everything that is proposed must be clear and specific, sensible and realistic, measurable and taking into account the structure and resources available, the latter both human and economic.

Although there are common indicators for all companies, each requires custom definitions of its own parameters.

Once these factors have been determined, it will be necessary to define who and how this information will be monitored..

The dashboard is a tool that can be applied in any type of organization, Regardless of your industry and size. As long as there is a goal to be achieved, it is possible to monitor the path to it through control panels specially designed and adapted to the needs of the case. Constant monitoring and diagnosis allow the status of a series of indicators to be evaluated and compared with the established objectives.. In this way, you will have a clear understanding of the general situation., minimizing the probability of error.

As we mentioned above, each company has different and specific needs, which is why it is very important that the dashboard is tailored to your specific requirements, in order to take full advantage of the available functions and optimize the results of this tool. The most frequently required indicators can be of the order financial (cost effectiveness, return of investment, and more), from quality (claims, number of returns, and more), from production (equipment efficiency, and more), logistics (transport, inventory turnover, stocks, and more), from seasonality (moments of less or greater activity), a fine, everything that is measurable and important to carry forward and grow the company.

In the words of Peter Drucker, “You cannot manage what you cannot measure”. And managing is precisely what the entrepreneur does most of his time.. You must make decisions constantly and for these to be successful, should be based on key and concrete indicators. That is why it is so important to have a good dashboard that provides you with the necessary information.

The only way we have to know if our company is growing is by having access to constant and permanent information..

As we have already mentioned, the implementation of dashboards is highly recommended, regardless of the size of the company.

In the case of SMEs, It often happens that as it grows, the entrepreneur must move away from day-to-day operational issues and dedicate himself to making more strategic decisions. Many of our clients find themselves in this situation when they contact us for the first time.. Without a doubt, with a control panel at hand, that has been permanently updated with genuine and reliable information, You will be able to make sound and effective strategic decisions. Even more, when emergencies occur, whether operational or financial, the importance of being able to take urgent and concrete actions becomes evident, having all the updated information at hand.

Finally, like any tool, the implementation of a management dashboard will be successful, provided that it is used properly and the information collected is used correctly for the benefit of the company and always aiming at its growth.