Executive Dashboards: HIP
HIP is a business information system that provides historical, current, and predictive views of your housing authority operations. Using measurements you select (known as Key Performance Indicators or KPIs), HIP automatically extracts, analyses, and reports up-to-date insights into your operations and tracks progress toward your goals.
HIP eliminates many of the reports and spreadsheets you use today to track and analyze critical agency information and provide insight into trends and the decisions you need to make. Using data from the Tenmast system, HIP generates graphical analyses of trends, warnings, and comparisons that reflect the critical success factors of your agency. And you can click on any graph or chart in HIP to drill down and see the detailed data. The system is highly customizable and many security settings are available to fit your needs.
Generally speaking, data is not fun to look at and extracting all of the lessons data has to offer from looking at lists or tables is not the best use of your time. A picture is worth a thousand words and a graphical display of the data makes it easy to see what is important. And a real-time display of your critical metrics makes it easier to spot trends or problems early and correct them before it’s too late.
Each KPI you select for your HIP system is a performance metric that tracks the housing authority’s activities and measures your progress toward reaching operational goals, including compliance requirements. HIP monitors individual responsibilities and encourages improvement, effectiveness, and appropriate levels of control with your organization.
User Warning Limits
Each KPI you select for your HIP system can have its own warning limits and each user in your organization can have a different limit for the same KPI. For example, the Executive Director may want to know when vacancies exceed 5% of total units, while each project manager may want to set the limit at 3%. With warning limits, a quick glance at the HIP screen will tell you whether the metric is within range or needs attention.
Contact us to learn more about this program and the rest of the WinTen² programs.