Executive Dashboards for Predictive Performance Management
Sterna provides a highly interactive executive dashboard, Sterna Predictive Dashboard, which is fully integrated with the Sterna BPS analytics engine. The Sterna dashboard provides executives with an at-a-glance foresight into correlations, trends, and patterns of business performance – past, present, and future – empowering them to take action now in order to optimize future results.
The Sterna executive dashboard uniquely drives executives to apply forward-looking management principles. Like most advanced dashboards today, Sterna’s dashboard presents executives with a graphical and interactive representation of historic and current values for key performance indicators (KPIs), with capabilities such as drill-down, sorting, bookmarking, multiple chart types, security levels, auditing, and more. The major competitive advantages of the Sterna dashboard are derived from the following capabilities:
The Sterna dashboard is a Time-based system
A fundamental and unique concept behind Sterna's executive dashboards is the Time Mediator™, which enables executives to easily select a time period, of any time resolution (day, month, quarter, year), for analysis. Once the time period is selected, Sterna BPS engine performs all statistical computations in real-time, relative to the selected time period, presenting the results for each KPI in the executive dashboard’s Business Views.
Sterna Time Mediator™ (click to try!)
Furthermore, the Sterna executive dashboard adds two unique and very important dimensions to every KPI, which are fundamental and necessary to forward-looking management:
Money Surfaces™ are the executive’s Money Search Engine, driving profit optimization
Sterna BPS engine calculates the potential monetary gains and losses attributed to the value of a given KPI in any selected time period, these gains and losses visualized within the executive dashboards via a Money Surface™. Executives utilize Money Surfaces™ to investigate and act upon areas of the business that are contributing most negatively to the company’s bottom line, as well understand which areas are over-performing and why. The Money Surface™ focuses each manager on optimizing his area of operation – be it manufacturing, warehouse management, marketing, or purchasing, to name a few – such that it has the greatest impact on the company’s operational margin. Read more about Money Surfaces™.
Predictive performance charts provide forward-looking visibility into all KPIs
When executives designate a time period in the future (within the Time Mediator™), Sterna BPS engine utilizes predictive analytics techniques to forecast, in real time, the values of all KPIs and Money Surfaces™ relative to the selected time period. The predicted values are charted within the executive dashboards, providing users with a graphical representation of trends and patterns for each KPI and its corresponding Money Surface™. The executive may then assess the business parameters that impact the KPI and how these trend in time.
Powerful Executive Dashboards Implemented in Days
The Sterna executive dashboard is highly intuitive to use, typically requiring no training whatsoever. Leveraging Sterna’s prepackaged analytics libraries, and utilizing flexible multi-source data integration capabilities, the Sterna executive dashboard is implemented in days, and easily adjusted to meet changing business needs.
For more information on the Sterna BPS engine and Sterna executive dashboards, click here.
