Dashboards are very common business monitoring tools, but creating them in excel with all the bells and whistles is not so easy. So here is a quick 1-2-3 on how to do it.
Lets take a sample of 2 consecutive year sales figures for 7 regions. The colums have Region name, 2004-05, 2005-06 figures and finally YoY Growth percentages. The lame dashboard should look something like this:
But may be we can make it little better. Ideally, a person looking at this would like (to know) the following things:
- What are the things that are going up / down / remaining constant
- The chart should look simple and not cluttered; meaning, there cant be multiple columns to present information. He/she should be able to look at one column and concluded something
- May be little graphics wont hurt the presentation while retaining the information.
So, a cool dashboard would look something like the below one:
Well, how to get it in 3 steps?
- Type the following formula in the cell F5 and drag it to apply to all the cells
[Click on the image to see bigger version of the formula] - Select the range F5:F11, goto Format->Conditional Formatting and enter the following values there:
[Click on the image to see bigger version of the formula] - Finally, if its already not, change the font of the worksheet to Arial, (see those arrow marks, they are not available in all fonts. And btw, if you dont know how to insert them in the formula use Start->Programs->Accessories->System Tools->Character Map and then locate the symbols.)
So, go ahead and impress everyone with the cool dashboards.
9 Responses to “CP044: My first dashboard was a failure!!!”
CONGRATS on the book!
Thanks for this podcast. It's great to hear about your disaster and recovery. It's a reminder that we're all human. None of this skill came easily.
Thank you Oz. I believe that we learn most by analyzing our mistakes.
Hey chandoo
this really a good lesson learned
but as I have already stated in one of my previous email that it would be more helpful for us if you could release videos of your classes for us
thanks
The article gave me motivation, especially you describing the terrible disaster that you faced but how to get back from the setbacks. Thanks for that, but with video this will be more fun.
Hi Nafi,
Thanks for your comments. Please note that this is (and will be) audio podcast. For videos, I suggest subscribing to our YouTube channel. No point listening to audio and saying its not video.
You always motivate me with respect of the tools in excel. How we can really exploit it to the fullest. Thanks very much
Thank you Amankwah... 🙂
Thank you very much, Chandoo, for your excellent lessons, I am anxious to learn so valuable tips and tricks from you, keep up the great job!
I truly appreciate the transcripts of the podcasts, because as a speaker of English as a second language, it allows me to fully understand the material. It'd be great if you can add transcripts to your online courses too, I am sure people will welcome this feature.
Dashboards for Excel has arrived in Laguna Beach, CA! Thanks!
Now I need to make time to "learn and inwardly digest" its contents as one of my high school teachers would admonish us!