Companies must be able to collect, analyze, and interpret data to aim, among other objectives, at making successful decisions. The biotechnology industry is no exception, and it would be no different. Soul Biotech is a biotechnology company focused on developing products that bring innovative solutions in alternative medicine, which is growing in the market and the health industry (Soul Biotech, 2021). That said, companies like Soul Biotech must have access to information aimed at decision-making that covers various aspects of their operations. So, Soul Biotech has to keep up with market trends in its field if it wants to make good decisions. By putting in place Business Intelligence (BI) Dashboards (Team, 2023), Soul Biotech can align with its goals and get the most out of them.

The Business Intelligence Dashboard is a tool that will help Soul Biotech in many ways. It will help them learn about things like trends and behaviors and improve their efficiency, which can help them find new growth opportunities based on the data they have (Sutner, 2020). Through the dashboards, Soul Biotech will be able to customize its goals and needs, promoting increased productivity, new business opportunities, and efficiency in its operations. In addition to helping Soul Biotech make strategic decisions, the dashboards will also give it important information about how its competitors and the market behave (Team, 2023).

In short, Soul Biotech's use of dashboards will give the company a competitive edge by giving it a broader view of its data, which will help the company make decisions based on the data it collects. So, by figuring out how to read and analyze the dashboard data, Soul Biotech can figure out how to reach its goals and maximize its profits more effectively (Team, 2023). Thus, the dashboards will allow a more efficient analysis and interpretation of the data that will aid Soul Biotech in its strategic decision-making. 

 

By the end of the next 90 days, a complete and easy-to-use business intelligence dashboard will be in place to track key performance indicators (KPIs) for finance, sales, marketing, and consumer insights. Moreover, performance objectives will be met within six months of implementation. This is their objective. 

 

Help me explain a work breakdown structure for Soul Biotec to implement a business intelligence dashboard by next 90days?

How should the company measure the project's progress or determine whether the goal is achievable or not?