How to Use Information Technology in Business

In business you set the strategy and decide on the objectives and goals of your company, and you decide on how to reach that goal, but what and how do you measure the results? We need to measure, not just depend on a feeling of how things are going. To run a business efficiently, managers need to have their finger on the pulse, they need to know how things are going. Within each company a lot of data is being collected which tells a story. A data dashboard is an information management tool that uses the data collected within the company and visually tracks, analyses, and displays key performance indicators (KPI), metrics and key data points to monitor the health of a business, department, or specific process.

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