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Dashboards: From Performance Art to Decision Support

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Suggested Citation

Reibstein, D., Hoyne, N., & Pauwels, K. (2023). Dashboards: From Performance Art to Decision Support. NIM Marketing Intelligence Review, 15(1), 60-63. https://doi.org/10.2478/nimmir-2023-0009

Year

2023

Authors
Koen Pauwels,
David J. Reibstein,
Neil Hoyne
Publication title
Dashboards: From Performance Art to Decision Support
Publication
NIM Marketing Intelligence Review
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Dashboards: From Performance Art to Decision Support

Interview with Neil Hoyne, Chief Measurement Strategist at Google

Keywords: Dashboards, Metrics, KPIs, Causal Effects, Performance Drivers, Decision-Making

Abstract:
Dashboards are a common tool for managers to monitor a company’s performance, and since the COVID-19 pandemic they have gained popularity among even broader audiences. But what is the real use of these dashboards? Is it just performance art or is it a tool that provides managers with the information they need? It may be slightly astonishing that Google employee Neil Hoyne is no fan of dashboards, but he believes they can be toxic when taken out of context. In this interview, he explains his skepticism of monitoring the same KPIs quarter after quarter and suggests different ways to make dashboards more strategically useful to companies. In his view, dashboards should inspire questions and curiosity, reflect market context and align toward specific business initiatives. He also suggests a more professional use of data and favors the scientific inquiry of the relationship between marketing measures and business outcomes.

Authors

  • Koen Pauwels, Distinguished Professor of Marketing, Northeastern University Boston, MA, USA
  • David J. Reibstein, Professor of Marketing, Wharton School, University of Pennsylvania, USA
  • Neil Hoyne, Chief Measurement Strategist, Google
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Other articles of the MIR issue “Marketing Dashboards”

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The Modern Marketing Dashboard: Back to the Future

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The more metrics managers employ, the better their decision quality and marketing performance.

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The What, Why and How of ESG Dashboards

On the basis of ESG metrics, companies can set clear sustainability goals.

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Compensation-Related Metrics and Marketing Myopia

Equity incentives can tempt marketing executives to engage in short-sighted marketing management.

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Monitoring Marketing Sources of Brand Reputation Risk

Successful brand stewardship requires ongoing monitoring of marketing-strategy-related sources of reputational brand risks.

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Brand Purpose and Brand Success

Quantifying a company’s purpose beyond profit is not easy but it is highly relevant.

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