understand what a dashboard is and how to create one in excel and tableau

. on appropriate tools, preferably ones that provide dynamism when displaying this information. The constant change in results. And variations in KPIs are factors that force. Professionals in the market to understand.  dashboard is and how it can be used in these activities.

Good data visualization depends

Given the importance of this topic. We will detail what a dashboard is how it can be used what its advantages are and we will give tips. Understand what a dashboard on how to create your own in Excel and Tableau. Keep reading In a context where companies are data-drivenwhich. Means that sectors and work teams need to constantly monitor data. Dashboards are essential . Therefore having the autonomy and ability to create these informative panels in a personalized. Way are the goals. The good news is that you can create your dashboard any way you prefer.

What is a dashboard understand what a dashboard Dashboards are panels

Dashboards are panels for monitoring and controlling information related to the daily work. Of The sector the operation or the work perspective understand. dashboard Without a doubt it is important to consider. These issues within a context of digital and data-driven work. Which is the reality of sectors such as marketing product among others.

A very simple analogy but one that helps us understand. The role of dashboards is to compare them to car dashboards. Drivers know that they contain important information. That is updated in real time. such as fuel level. The speed the car is going and in more modern cars. There are even alerts if something needs to be checked.

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Dashboards work in much the same way

The difference is that you can structure the information that will be displayed on your screen according to what you prefer and what is most important for your daily work routine. This customization is one of the most decisive factors when it comes to understanding what a dashboard is and how it can be truly essential for people and sectors.

Constant monitoring

If data is the lifeblood of companies in the digital age , having access to this content continuously is essential. More importantly, with dashboards bold data this can be achieved in real time . Dashboards constantly update the information that reaches them, displaying this new content on the work screen, that is, on the dashboard.

In many cases, constant monitoring will be important to understand if something out of the ordinary is happening, such as in a car, according to unraveling roles and responsibilities in product management our analogy. Therefore, detecting these unusual behaviors or outstanding results at any time, and in real time, is an important advantage that dashboards offer.

Data transformed into information faster

Access to data is something that is practically natural within companies, since BI tools extract data directly from sources on an ongoing basis. However, the next step, which is analysis , requires effort and dedication from specialists. After that, it becomes easier to make this information available in optimized dashboards.

With dashboards, work teams can access this data, already selected according to the impact it can actually have on projects, products and sectors. This makes it easier to understand the information behind a simple number or the variation of any business indicator.

Support in decision making

The most important role of data in the current context is to provide the support that managers need to make decisions . Today, directing actions and deciding the path that companies and sectors should take without understanding what data and indicators show is the worst possible choice. After all, these would be merely subjective decisions, which guarantees absolutely nothing.

In the midst of the reality of sectors, dashboards help to create an environment in which monitoring and dynamic access to decisive information is simple and easy. So, just open a screen and detect the information that makes the most sense and, from there, make the appropriate analysis that will show what the current perspective is.

Most common data, indicators and information

Dashboards can be properly customized in whatever way is most interesting to those who use them. For example, professionals who manage a sector can opt for more detailed dashboards with a larger selection of indicators and metrics . As long as it makes sense, this customization should always be done in favor of results.

In other cases, ready-made dashboard templates can be used by all members of a sector, for example. This will ensure equal access to information, always focusing on the indicators and metrics that make the most sense to those people.

In a way, this limitation of data visualization allows you to focus only on what is most important, creating a strategic monitoring environment. For example, if you are building a data storytelling , you can create a dashboard just to monitor the records that are interesting to show to the public in a campaign.

What is an Excel dashboard?

Professionals do not always have the perception of which tools can be really useful when thinking about what a dashboard is and how to set up your information panel. on to the routine of most people who are not BI experts.

However, the truth is that you can create an Excel dashboard , that is, using a tool that has been so common in the routine of millions of people for years. The thing is, over time and by understanding market demands, Microsoft transformed a simple spreadsheet tool into a powerful data and indicator platform.

 

 

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