As mentioned earlier, I have met Garr Reynolds of presentation zen fame in Malmo, Sweden last Friday. What was to be a quick 15 minute interview became a 2 hour lengthy discussion on presentations, charting, excel, data, Japanese culture and of course our pointy haired dilbert blog. Garr liked my site alot that he tweeted about it immediately.
I am only posting portions of the interview here.
Q: Powerpoint and presentations are great way to communicate. But most of the time we deal with raw data and numbers. How to present such complex and diverse information without cluttering?
A: There are two types of people (1) the quantitative folks and (2) the design folks. For too long we had just these 2 types of people, one who can program, create great stuff and the other who are really good at designing fantastic things. But now, more than ever, the need is to combine both skills in one person.
One of things that I observe in my university MBA students (and most others too) is that, when it comes to presenting data (either through charts or tables), people go too fast. They just show one piece of information after another without spending time to discuss. Data doesn’t mean anything until we choose to talk about it.
I always recommend my students to have a lengthy Q&A where the facts are dissected and stories are brought out. We should always approach the charts (and data) with “yes this is what it is, but what does it mean? Anyone can make a chart, only intelligent can poke it”
Q: What are the raw (formatting) tips you can give to my readers? People always wonder about things like what color should I use, should I use grid lines or labels? Should I use several colors or shades of one color? Which font should I use?
A: Those are lot of questions [chuckles…]
My mantra is “maximum effect with minimum means”. That is what Tufte or Stephen Few says.
So, grid lines, often we don’t need those as they are implied. If you use them, I say use a very light color.
As far as choosing color, if it is a bright building or room, then a white background works. If it is a darker room we can use a black background.
Colors, as few as possible. These are the common mistakes that I see. I think using different shades of same color works well. You need to realize that lot of people are color blind, so it is safer to use shades of blue or gray than using lot of colors. There are really no hard and fast rules for colors. Don’t just spend too much time on the graph. Yes, it should be aesthetically pleasing, but the more important thing is you and what you want to say.
Q: Your opinion on dealing with situations where there is lot of data?
A: As you can see, most of my charts are very simple. But often we need to deal with lots of data. I am big fan of tables (as long as they are not too lengthy). I also recommend using handouts. If you have lots of data, it is better to take a printout or send the files so your audience can read the data, understand what it means and then you can have a discussion with them.
I recommend reading this article on NY Times about Steve Ballmer’s new meeting style where he says (quote inserted by Chandoo)
[Ballmer] … most meetings nowadays, you send me the materials and I read them in advance. And I can come in and say: “I’ve got the following four questions. Please don’t present the deck.” That lets us go, whether they’ve organized it that way or not, to the recommendation. And if I have questions about the long and winding road and the data and the supporting evidence, I can ask them. But it gives us greater focus.
Thank you Garr for the wonderful interview.
(that is me with Garr on the right side, excuse the poor quality of the image, but we are using webcam on my Toshiba Satellite A300)
But, the most interesting part of this is, actually meeting him and discussing openly about charting, visualizations. We discussed alot about the kind of mistakes people make when creating charts (he *loved* the article 6 charts you will see in hell and the new chart doctor series we announced). We discussed about his new book – presentation zen design.
There is another exciting thing that I am not announcing now, but you will soon know.
Read our earlier interviews with John Walkenbach | Charley Kyd
31 Responses to “Beautiful Budget vs. Actual chart to make your boss love you”
Would be considerably easier just to have a table with the variance shown.
On Step 3, how do you "Add budget and actual values to the chart again"?
There are a few ways to do it.
Easy:
1) Copy just the numbers from both columns (Select, CTRL+C)
2) Select the chart and hit CTRL+V to paste. This adds them to chart.
Traditional:
1) Right click on chart and go to "select data..."
2) From the dialog, click on "Add" button and add one series at a time.
One more way to accomplish it is just select the columns into chart. Press Ctrl+C and then press Ctrl+V
Regards
Neeraj Kumar Agarwal
Unfortunately, this doesn't seem to work for me in Excel 2010. The "Var 1" and "Var 2" columns cannot combine two fonts to display the symbol and the figure side-by-side.
Secondly, there is no option to Click on “Value from cells” option when formatting the label options. The only options provided are Series Name, Category Name or Value.
@TheQ47... the emoji font also has normal English letters, so if you use that font, then you should be ok. I am assuming your computer doesn't have that font or hasn't been upgraded for emoji support.
Reg. Excel 2010, you can manually link each label to a cell value. Just select one label at a time (click on labels, wait a second, click on an individual label) and press = and link it to the label var 1 or var 2.
I am using excel 2010, please explain how to apply Step 12
Regards
Neeraj Kumar Agarwal
Hi Neeraj,
"Value from cells" option is only available in Excel 2013 or above. In older versions, you have to manually adjust the label value by linking each label seperately.
Read this please: https://chandoo.org/wp/change-data-labels-in-charts/
Sir, you are just awesome.
Your creativity has no limit.
Regards
Neeraj Kumar Agarwal
Hi Chandoo,
I just found your website, and really love it. It helps me a lot to be an Excel expert 😉
Currently I am facing with a problem at step 11:
Var1 Var2
D30%
A5%
B0%
B4%
B7%
C10%
C13%
D27%
I42%
Though at mapping table, I used windings, here formula uses calibra. How I can change it? I am able to change only the whole cell. In this case numbers will be Windings too.
Thanks for your help!
Hi Mariann... Welcome to Chandoo.org and thanks for your comment.
If you wanted to use symbols from wingdings and combine them with % numbers, then you need to setup two labels. One with symbol, in wingdings font and another with value in normal font. Just add the same series again to the chart, make it invisible, add labels. You may need to adjust the alignment / position of label so everything is visible.
[…] firs article explains how you can enhance your charts with symbols. You can simply insert any supported symbol into your data and charts. To some extend you can […]
You're a good person, thank you to share your knowledge with us, I will try to do in my work
Great visualization of variance. My question is that is this possible in powerbi?
How would you go about it?
HELLO, WHY CANT I FIND VALUES FOR LABELS IN EXCEL 2013
Dear chanddo sir,
What to do if we have dynamic range for Chart. How this will work. can you able to make the same thing works on dynamic range.
Sir Chandoo,
Good Day!
First, I'd like to say that I am very grateful for your work and for sharing all these things with us.
I tried to do this chart but it seems that the symbols don't work with text (abs(var%),"0%") unless we keep the Windings font style.
The problem is, it converts the text into symbol as well and you wont see the 0% anymore. I'm using Windows 7.
WOW - Segoe UI Emoji
This is the greatest discovery for me this month 🙂 Thanks for sharing.
Here's my two-cents:
https://wmfexcel.com/2019/02/17/a-compelling-chart-in-three-minutes/
Sir This is awesome chart, and very easy to made because of your way to explain is very simple , everyone can do. Thank you
one problem i am facing, I hv made this chart , but when i am inserting data table to chart it is showing two times , how can i resolve this
in this chart when i am adding new month data for example first i made this chart jan to mar but when i add data for the apr month graphs updated automatically but labels are missing for that new month
Hi Renuka,
Please make sure the formulas for labels are also calculated for extra months. Just drag down the series and set label range to appropriate address.
So I am playing with the Actual chart here - but amounts are bigger than your - you have 600 as Budget - my budget is 104,000 - is there a way to shorten that I am unaware of
thank you - I LOVE YOUR SITE
Thanks for the tips and tricks on Excel. In the Planned versus Actual chart examples, you use multiple values (ex. multiple Categories in above). How can this be done when we have only 1 set of values? For example if I have only this:
Planned Actual
SOW Budget 417480 367551
How can I create a single bar chart like the one above?
Thank you Chandoo.
This one is just perfect for my Quarterly Review presentation on Operational Budget against Actual Performance for the Hospital I'm currently working with.
Just Subscribed today (10 minutes ago)
Is there a way to make the table of data into a pivot table to be able to add a slicer for the graph due to many different categories and months?
Hi, I tried to modify you template with something appropriate for me, and I found a problem. this template was modified by me started with excel 2010, then 2016 and finally 2019. Same thing - somehow appear an error - or didn't show the emoticons for positive percentage or doubled the emoticons for some rows. I suspect to be from excel. if is need it I can sand you my xlsx for study. Please help if you can.
Hi Chandoo,
Could you please check the Var Formula in Step1. You have mentioned budget-actual and when i did this i got different values but when reversed like actual-budget i got the actual value what you have demonstrated in step1.
Please share your view.
This is a great chart (budget vs. actual). However, in trying recreate it, I cannot color in the UP Down bars individually, and they all become formatted with the same color. I'm using Office 365. Look forward to the feedback.
Thanks.
Dan
pls explain in detail step 7
While in the Excel sheet you have used following formula for Var
Var = Actual - Budget
But
in the note, you have written
Var = Budget - Actual
Good Presentation and Data information.thank you so much chandoo.