This is a Guest Post by Robert on Visualization Techniques for Excel KPI Dashboards.
This 6 Part Tutorial on Management Dashboards Teaches YOU:
Creating a Scrollable List View in Dashboard
Add Ability to Sort on Any KPI to the Dashboard
Highlight KPIs Based on Percentile
Add Microcharts to KPI Dashboards
Compare 2 KPIs in the Dashboards Using Form Controls
Show the Distribution of a KPI using Box Plots
In this final post we will learn how to add a box plot to show the distribution of values
The most common way in descriptive statistics to visualize the distribution of sets of numerical data is a box plot. But according to my experience in day to day business, most business people are not familiar with this type of visualization.
Therefore we try to create a simpler chart which is hopefully easier to understand:
The light grey bar visualizes the range of all values, the dark grey bar the range of the 10 items displayed on the management dashboard table. The cross shows the total average and – similar to the bullet graphs – the vertical line represents the target. This is less information than a real box whisker plot would provide, but I guess it will be easier to understand.
Download the Excel KPI dashboard final workbook and read on how to create a simplified box plot.
- Let’s bring our ducks in a row first. Calculate all necessary data to be shown in the box plots: the minimum and maximum of the total data and of the 10 displayed items on the dashboard, the average and the target. The formulas are quite simple. You can find them in the downloaded workbook in
- The basis of our visualization is a stacked bar chart with only one category and 4 data series:
- the invisible bar (the bar between 0 and the total minimum),
- the left light grey bar (the bar between the total minimum and the minimum of the displayed 10 items),
- the dark grey bar (the bar between the minimum and maximum of the 10 displayed values) and
- the right light grey bar (the bar between the maximum of the 10 displayed items and the total maximum).
Again the formulas to calculate these values are quite simple (see calculation!BF23:BI27).
- Create a stacked bar chart and format the bars accordingly (no fill color and no border for the invisible bar, light and dark grey fill colors for the other bars).
- Add the average and the target values as additional series to the chart and change the chart type of these new series to XY scatter charts (X is the average / target value, Y is a dummy 1). Format the average as a cross (or whatever you choose) and use the error bars to format the target as a vertical line. The method of creating a combination chart of bars and XY scatters is pretty much the same we used in the 4th post of the KPI dashboard series (here).
- Remove or hide all unnecessary chart elements: no fill color and no border for plot or chart area; no line, tick marks etc. for the vertical axes, etc.
- Repeat steps 3 to 5 to create charts for all 5 KPI.
- Bring the charts to the dashboard, position them and add a caption to explain the chart elements.
That’s it. Play around with the new feature: change the sort criteria or sort order or scroll up and down the dashboard table and see how the new charts are changing.
This is a simplified version of box plot visualization and works only for data sets with positive values. Of course there is also a more sophisticated way of creating charts like this for any data (positive and negative values, i.e. bars crossing the vertical axis). This is a bit more complicated since you need 8 data series for the bar chart instead of 4 but the principle is exactly the same.
Our final KPI dashboard looks like this (click on it for a larger version):
With this last part I guess the time may have come to end the series about Excel Management KPI Dashboards here and to hand over the further development of this dashboard to the readers of Chandoo.org.
I do hope the series of 6 posts have been useful for your daily work and provided new ideas. Make sure you have downloaded the Excel KPI dashboard tutorial workbook
Thanks for all your comments and appreciations.
Last but not least: Chandoo, my friend, once more thank you so much for hosting my ideas at Chandoo.org.
Kind regards from Munich
If not for Robert’s mail in August suggesting these wonderful ideas as posts in PHD, I would never have learned these things or shared them with you all. I am thankful to him for that.
Well, I am constantly trying to learn new dashboard techniques and I will try to share the worthy ones with you all. Meanwhile if you have a good idea for excel dashboards (or charts, techniques etc.) and would like to share with everyone, feel free to drop a comment or write to me. I will be *happy* to feature your ideas.