In the modern world, Artificial Intelligence (AI) is rapidly evolving and becoming an essential part of various industries. With its growing prominence, it is crucial to ensure that AI systems are not only effective but also ethically responsible. To monitor and measure AI ethics, organizations can leverage a Key Performance Indicator (KPI) dashboard. This guide will help you create a comprehensive Artificial Intelligence Ethics KPI Dashboard, listing essential KPIs, their units, formulas to aggregate data, and whether “lower is better” or “upper is better.” Additionally, we will explore the features of an AI Ethics KPI Dashboard template and provide best practices for its implementation.
Key Features of the Artificial Intelligence Ethics KPI Dashboard
This AI Ethics KPI Dashboard template is a ready-to-use solution that helps you monitor and manage AI-related ethics KPIs. Below are the key features of the dashboard:
Home Sheet:
This sheet serves as the index and contains six buttons that allow users to jump directly to the respective sheet.
Dashboard Sheet Tab:
- The main sheet where the KPI information is displayed. It allows users to select the month from a drop-down menu. Once a month is selected, all data in the dashboard will update accordingly.
- Displays MTD (Month-to-Date) Actual, Target, Previous Year Data, along with the Target vs. Actual and PY vs. Actual comparisons. Conditional formatting is applied to indicate the trends with up and down arrows.
KPI Trend Sheet Tab:
Here, users can select a specific KPI name from the drop-down menu. The dashboard will show the KPI group, unit, type (whether lower or upper is better), formula, and definition.
Actual Number Sheet Tab:
This sheet allows users to input the actual numbers for YTD (Year-to-Date) and MTD. The month is adjustable using the E1 range, and users can change the first month of the year.
Target Sheet Tab:
The target numbers for each KPI, both for MTD and YTD, are entered here.
Previous Year Number Sheet Tab:
In this sheet, users enter the previous year’s numbers corresponding to the current year’s targets and actuals.
KPI Definition Sheet Tab:
This sheet defines the KPIs, including the KPI name, group, unit, formula, and detailed definitions.
List of KPIs for the Artificial Intelligence Ethics Dashboard
Here is a list of suggested KPIs to include in your AI Ethics KPI Dashboard:
