Beyond 100 KPIs: How to Build a Dashboard That Executives Actually Use

The moment has arrived. After months of collecting, modeling, and visualizing data, the new executive dashboard is proudly launched. It promises a 360-degree view of the organization’s performance, featuring as many as 50, 80, or even 100 KPIs that provide insight into everything from finance to maintenance.

But after a few meetings where the dashboard is presented, an awkward silence falls. Management nods politely, but in discussions they quickly fall back on the old reports and their trusted gut feelings. The dashboard is a technical masterpiece, but in practice it’s a museum piece: impressive to look at, but no one touches it.

This is the pitfall of “more is better.” In our desire to provide a complete picture, we create noise rather than insight. Management gets bogged down in details and misses the big picture. The dashboard answers a hundred questions, except for the one that really matters: “Where should we focus our attention?”

The solution: from a data dump to a strategic compass

An effective dashboard isn’t just a summary of data; it’s a strategic compass that focuses attention on what really matters. The key isn’t to show everything, but to select the right information. You do this by establishing a clear hierarchy among your KPIs.

Not all KPIs are created equal. The information a CEO needs to set the organization’s course is fundamentally different from the information a team leader needs to manage day-to-day operations. The solution lies in grouping KPIs into strategic, tactical, and operational categories:

  1. Strategic KPIs (up to 10): This is the domain of senior management. These KPIs measure progress toward the housing association’s most critical objectives. Examples include tenant satisfaction, vacancy rates, and progress on sustainability goals. These are the “what” questions.
  2. Tactical and Operational KPIs: This is the domain of management and the teams. These KPIs measure the processes that contribute to strategic goals. Examples include the turnaround time for changes or the speed of repair requests. These address the “how” and “why” questions.

The executive dashboard displays only the strategic KPIs. The remaining 80+ KPIs haven’t disappeared; they’re just one or two levels deeper. They’re essential for analysis and course correction, but they only come into play when executives encounter a strategic deviation and ask, “Why is this happening?”

The goal: asking the right questions, not just giving the answer

By adopting this focus, the role of the dashboard changes fundamentally. It is no longer a passive report that accounts for the past. It becomes an active tool that facilitates strategic dialogue.

A good dashboard doesn’t just display a negative figure. It prompts management to ask: “This deviates from our plan. Why is this happening, and what are we going to do about it?” It shifts the focus of the discussion from accountability to action, from looking back to looking ahead. This is the essence of the effective use of IT for housing associations: using technology to have better, strategic conversations.

So stop creating reports that show everything. Start facilitating insight by showing only what really matters.