Imagine driving a car: In front of you is the odometer, the speedometer, all the lights and screens and visuals you need. It’s called a dashboard, and it’s a summary of everything you need to know to operate the car. Similarly, when using Excel, you can have all the data you want in front of you. It, too, is called a dashboard, and it’s a summary of everything you need to know to run your business.
How your business uses dashboards is up to you, but an Excel expert can help you determine what data you need in your dashboards. But basically, dashboards help you analyze your data and figure out what you need to do right now and in the long term.
Dashboards can be created for executives or employees, just as long as they are easy to understand and show the necessary data. And the benefits of dashboards are numerous, including:
All the data is right in front of you, which makes it easier to analyze, which leads to making better decisions in less time.
This leads to better accountability, especially if you make the dashboards available to many people up and down the chain of command.
If your company is falling behind the competition, if you’re not getting the results you think you should, or if you have data and don’t know what to do with it, a dashboard provides the answer, and an Excel expert is the one you need to help you organize your data into a dashboard.
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