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?
- Financial Data
- Business Metric
- Medical Industries Data
- Human Resources Data
- Personal Health Data
- Sports Team Performance
- … Others
To Know about how to create a dynamic dashboard.. visit our educational websit http://newstepforward.dx.am/dashboard.php