View the Dashboard, click Configure Favorites in the Favorite Reports box. Here you will view the Managed Saved Reports table.
You can remove a report from Favorite Reports by clicking on the gold star. The icon will become an empty star showing it is no longer a favorite. You can also delete a saved report you created from your list by clicking the Trash Can icon. To delete a saved report shared by another user, click the Unlink icon.
Return to the Dashboard, and you will no longer see the selected report in your Favorite Reports box.