Any manager who wants to be efficient and effective at work should meet three demands: manage correctly and not neglect the well-being and optimism of his people; retain talent within the team so that knowledge is always present; and finally, but just as relevant, to achieve the goals proposed by the business and to adequately report them to the leadership.
The requirements to obtain adequate results
The basic requirements are acquired and outlined with practice and training by making a correct selection of collaborators and delivering significant rewards according to the context. This is not born with the individual, it must be obtained over time and they represent such complex knowledge that no company can offer them completely. However, what businesses can give their coordinators are elements that make it easier for them to monitor their objectives and deliver reports. And here the corporate reporting and statistics tools come into play, the dashboards, for example, which are the visual elements of decision making, the key performance indicators and the statistical figures.
Managers have a wealth of information that they need to archive, manage, and understand in order to adopt well-founded guidelines. The aforementioned information comes from different sources: email, mobile devices, social networks, etc. Specifically, business statistical tools make it possible precisely to systematize such data and turn it into useful and meaningful information. They usually offer several alternatives of corporate statistical protocols to carry out precise analyzes, prepare the information so that this type of analysis is simple and fast, and facilitate the elaboration of good quality summaries and visual representations, without relegating graphic features that portray the meaning of the conclusions. of the analyzes.
The benefits of corporate statistical elements
The concrete benefits of statistical resources are abundant, however they can be summarized in five:
- Visibility: the employer knows exactly what is happening in each of the corners of the company, which allows him to manage it better. Continual improvement: As Peter Drucker, today's management opinion leader, says, "If you can't measure it, you can't improve"; quote correctly extrapolated to the results of a business. Saving time: managers spend a lot of time gathering information from the different systems of the firm and preparing reports accordingly. The statistical tools are also invaluable, since they always show the latest results of each report, saving valuable time. Control of results:all executives spend several hours creating a corporate plan. However, it is only the beginning of the road. What follows later is to ensure that what is planned is being fulfilled, since the management charts show automatically and in real time the positioning of the corporation with respect to what is programmed according to the designed plan. Improved worker productivity: When staff know that their activities are being measured and also easily see them, their first reaction is to optimize their performance.
It is easy to mention some of those advantages. Let's take an example that every multinational company lives frequently. If the company sends its best executive to close a project on another continent, they should know that their mobile phone spending has risen in one day and far exceeds the amount spent on communications for the rest of the days. This way you could take action, such as blocking it.
Business statistical tools also represent a gold mine for those responsible for developing marketing campaigns, since it allows them to model them to the real requirements of the medium at the perfect time, that is, they manage to know that at 11 p.m. the majority audience of one station is men between thirty and forty years old and, therefore, they decide to broadcast car advertising.
With respect to document management software companies, business statistical tools allow users to improve their processes, because they are aware at all times which document processes need more resources, how much time has been invested in each procedure and the physical space in disk and in databases that the resulting files occupied.
The scorecard as the main challenge
Finally, only the challenges that the aforementioned business statistical applications still have to face remain to be overcome. The first is the choice of measurements that underlie the analyzes performed. If the entrepreneur chooses the correct markers, the resulting statistics will be more reliable. The second requires that dashboards must be created using APIs or interfaces with business systems. The ability for employees to manually add information to the dashboard involves many risks (wrong, incomplete, outdated data, etc.). And let's not forget that the results have to be viewed in any web browser and not stored on individual computers. Therefore, anyone who needs to view the information can easily do so.
