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What is Dynamic Dashboard?

Business Intelligence and Data Analysis are a hot commodity in today’s business world ,  Excel Dynamic Dashboards are the most frequently used method for providing information for this new business trend.

It has a lot of definitions we will say some of them to make it more understandable:

  • A dashboard is a visual display of the most important information needed to achieve one or more objectives which fits entirely on a single computer screen so it can be monitored at a glance.
  • Dashboards translate strategy into accountability and measure progress.
  • It is an easy to read, often single page, real-time user interface, showing a graphical presentation of the current status (snapshot) and historical trends of an organization’s Key Performance Indicators (KPIs) to enable instantaneous and informed decisions 

Why Dynamic Dashboard is useful?

  • It presents data in Visualize, Organize, Summarize and Focus presentation
  • It is a Quick and Easy to understand data presentation method
  • With dashboard, user can interact with data and select what he wants to see

What is meant by KPI’s ?

Key Performance Indicators(KPI’s) are measurable values that demonstrate how effectively a company is achieving key business objectives.
Organizations use KPI’s at multiple levels to evaluate their success at reaching targets.

Why  Excel Dynamic Dashboard is useful?

  • It presents data in Visualize, Organize, Summarize and Focus presentation
  • It is a Quick and Easy to understand data presentation method
  • With dashboard, user can interact with data and select what he wants to see.

Why we use Excel to Create an Excel Dynamic Dashboard?

  • Excel has a wonderful conditional formatting feature that allows you to have a graphical display within a table.
  • Excel has different chart types which can adapted to almost any business KPI.
  • Excel has data tools, pivot table and slicers tools which are help us a lot to create dynamic dashborad.

 

To what data can i apply Dashboard?

  1. Financial Data
  2. Business Metric
  3. Medical Industries Data
  4. Human Resources Data
  5. Personal Health Data
  6. Sports Team Performance
  7. … Others
 

To Know about how to create a dynamic dashboard..  visit our educational websit    http://newstepforward.dx.am/dashboard.php

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