Is Your Board BORED?
The most effective boards of directors review financial and budget data from a strategic perspective. Yet, the most common methods of sharing such information with directors don’t readily support high-level analysis and may even encourage micromanagement.
Effective use of data visualizations can help focus the valuable attention of your board members on the issues that matter most to your organization. Graphs can be interactive or designed to tell specific stories in PowerPoint.
The screenshot below is from an interactive financial dashboard that executives and board members could use to examine financial data from 20,000 feet, zooming in only when necessary.