article thumbnail

Benchmarking Performance: Your Options, Dos, Don'ts and To-Die-Fors!

Occam's Razor

In this type of an environment, I've frequently stressed the value of identifying targets for your key performance indicators. should be 1,356,000), you've set a clear line in the sand as to what performance will be declared a success or a failure at the end of the measurement time period.

article thumbnail

Designing Charts and Graphs: How to Choose the Right Data Visualization Types

datapine

Data-driven storytelling is a powerful force as it takes stats and metrics and puts them into context through a narrative that everyone inside or outside of the organization can understand. In our example above, we are showing Sales by Payment Method for all of 2014. Bar graphs. How do you want to show your KPIs? What to avoid.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Great Storytelling With Data: Visualize Simply And Focus Obsessively

Occam's Razor

First, someone worked really hard on this and created a really nice model for a smarter decision to be made for 2014. You are comparing 2012 and 2013, add a row of data at the top that shows your computation of the size of the opportunity for 2014. You are a Ninja, it will likely take you less.

article thumbnail

Discover 20 Essential Types Of Graphs And Charts And When To Use Them

datapine

The metrics are different and useful independently, but together, they tell a compelling story. In the example above, the story isn’t about the total number of customers aged 15-25, but that 22% of the customers were 15-25 in the first quarter of 2014 (and 26% in Q4). The numbers we are working with are relative only to our total.

article thumbnail

6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Chantrelle Nielsen director of research and strategy for Workplace analytics said: “companies must take these metrics and direct them thoughtfully towards the design of office spaces that maximize face time over just screen time.” Lieferando is a European online food-ordering service that was acquired by Just Eat Take Away in 2014.