Microsoft Excel is becoming increasingly popular with business users as a business intelligence platform.
Durham, NC (PRWEB) December 08, 2015
A business manager or executive is only good if he has information available at his fingertips. To make informed business decisions that make an impact, you need fast, reliable and relevant facts and data at your disposal. Even the best decision-makers in the world fail to show their competency and skills if they don’t have access to information and data when required.
Microsoft Excel is becoming increasingly popular with business users as a business intelligence platform. And with tools like Excel dashboards it has increased in respect. Excel has the advantage of flexibility and there are no limitations on the user’s power to create the dashboard environment they want. You’d be surprised to know that Excel is being used as a platform for solving many business challenges and is evolving as an ultimate business software.
It has been often observed that various aspects of organizational data are kept at arm’s length from each other, and this can make it difficult to communicate and capture the total idea or picture. However, if managers need a 360 degree view, there is perhaps nothing better than Excel Dashboards, which is revolutionizing commercial decision-making. Omitting trial and error completely, with Dashboards, strategy is recalibrated and formed on hard data and not by intuition.
It is okay for teams to have Excel dashboards that cover the whole business. It is important as businesses need to view the updates and progress of their work, collating information from all the teams in one place. If not the nitty-gritty details, the high-level updates on progress need to be known to the person at the top. That’s where dashboard helps.
Getting Started with Excel Dashboards
Excel is perfect for dashboard reporting, with its plethora of techniques and shortcuts it has to offer. Using small charts is one such technique. When it comes to charts in typical management reports vs. charts which are published in business magazines, charts are of post card size in the former, while they are of postage stamp size in the magazines. When charts are smaller, they are more useful because it is easier for readers to observe them at one glance and compare with other charts. Also, Using Excel’s Non-charting Objects with the user charts is a common technique where the figures take several objects from the drawing toolbar and place them on worksheet. People also use Magazine Formatting which is generally used to create charts and tables easy to read. The easiest way to do so is look for them in magazines, and adapt the usable figures for own reporting needs.
It is extremely unwise to underestimate the power of good spreadsheets. It may not come with bells and whistles, but it definitely gets the job done. One of the big benefits of spreadsheets is being able to completely control the data being tracked and how to track it.
AudioSolutionz, country’s leading industry information provider, is hosting a webinar entitled “Create a Dashboard with Excel” on Tuesday, December 15, 2015 where expert speaker Mike Thomas will explain the amazing powers of Excel and how they can be used to make working easy. Although there are many tools used to create dashboard, Excel is preferred due to its power, flexibility and user-friendly nature. For more information, visit: https://www.audiosolutionz.com/microsoft-excel/create-dashboard-ms-excel.html
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