Sunday, October 25, 2020

Add Low-Overwhelm Context to Your Line Charts

The data you display in charts often takes on new meaning when you display it in the context of other data. One way to add...
When you're refinancing, this chart allows you to use the tip of your finger trade off your monthly payments and your total payments as you consider the term of your loan.

Calculate Mortgage Payments and Your ROA with an Excel CalcPlot Chart

An Excel CalcPlot Chart allows you to plot values in three dimensions, not merely two. Here are two examples. Mortgage Paments Mortgage interest rates are at...
The two Excel dashboard-like charts with May data show that consumer confidence has dropped like a rock since March. But Asia's data isn't available yet.

Dashboard-Like Excel Charts of International Consumer Confidence

The following Excel figure displays its charts in a dashboard-like format. At least, it's in a format that dashboards should use! When you use simple...
To improve forecasting, you can use Excel charts to track how quickly new products, stores, sales people, and so on ramp up their performance compared with similar launches in the past.

Use Common-Age Excel Charts to Compare and Forecast Performance for the Same Number of...

In the early lives of new products or new stores, managers often are anxious to track and improve sales performance. To do so, it's...
Should You Raise Prices? Should You Lower Them? These Excel Charts Can Help You Answer Those Questions

Should You Raise Prices? Should You Lower Them? These Excel Charts Can Help You...

In the early 1980s I was the CFO of a company owned by a man whose first instinct was to cut prices. When business was...
In finance, breakeven charts illustrate how your fixed and variable costs vary with your monthly sales. Here's how to set up break-even charts in Excel.

Map Costs and Sales in Excel with a Classic Breakeven Chart

When I worked as a CFO, my monthly reports always included a breakeven chart. It was one of the most popular reports I produced. But...
Excel can be the key component of a powerful and inexpensive Business Intelligence (BI) system. Here are some ideas to get you started.

Excel Is Great for Business Intelligence!

With the right access to data, Excel can become an outstanding Business Intelligence (BI) system. Business Intelligence (BI) is the systematic use of information about...
An article in the Wall Street Journal about babies born during the winter months offers some great advice about charts for Excel users in business.

Excel Charts, Seasonality, & Analysis: Five Lessons from the WSJ

A 2009 article in the Wall Street Journal offered some great advice for Excel users in business. The article, New Light on the Plight of...
Using gauges in your management dashboard reports is a big mistake. Gauges hide information that managers need and waste space in management reports.

Down With Gauges!

It's possible to carry an analogy too far. Dashboards for managers are logically similar to dashboards for cars. Both types of dashboards provide key information...
In your Excel reports and analyses, there's a huge difference between documenting performance and communicating it. Do you know that difference?

Do Your Excel Reports Document Performance? Or Communicate It?

When you report or analyze performance in Excel, you need to ask yourself a key question... Am I documenting results, or communicating them? There’s a huge...

Latest Articles

Here's how to boost your Excel output, slash your Excel errors, and improve your Excel reports and analyses—whether you work for a large or small company.

How to Be Significantly More Productive in Excel

The Excel charts below are professional-quality. But that's not what makes them so unusual. Instead... ● You can update them in a few seconds, with...
Use this Excel dashboard to track 27 economic indicators of the United States' recovery from the Covid-19 recession.

Learn How to Use Excel to Track the US Recovery from the Covid Recession

The Covid recession is the worst recession the world has experienced since the Great Depression. And the Recovery Tracker workbook and Excel training can...
This Excel dashboard report lets you follow key economic trends while showing you how to gain a HUGE increase in your Excel productivity at work.

Track Key Economic Indicators Every Weekday with this Excel Dashboard

You can update this Excel dashboard report every weekday—with one command—if you have Excel 2016 or above. This report of current economic data introduces you...
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