SlideShare a Scribd company logo
1 of 10
How Do You Create
Great Data Exploration Dashboards
To Democratize Analytics?
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Title
Text
Introduction
Introduction
Organizations must do more to make all the data they collect accessible to
business users in a self-serve environment with a nice user interface. Effective
organizations treat their data like a self-serve buffet where some analysis of
important questions to be answered is done to lead business users to the
relevant insights.
How Do You Create Great Data Exploration
Dashboards To Democratize Analytics?
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
With all the data that’s created each day and the possibilities for making data-driven
decisions in business, every company must have a way to present data to business users in
a user-friendly and informative way.
In my experience, a lot of organizations get this wrong. In the pursuit of making data
accessible to everyone, many organizations simply add a nice user interface on top of a
huge data lake and consider the job done. Voila! They think this allows business users to
find the data and analyze it in a self-serve environment.
In practice, I find that instead of empowering business users, this actually makes them feel
threatened and overwhelmed. I often meet business users that don’t know exactly what
data to use and how to use it.
You must do more than just provide decision-makers with access to data.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Provide A User-Friendly Buffet Of Data Choices To
Decision-Makers
Think of your data exploration dashboard like a self-service buffet restaurant.
Do buffet restaurants pile a bunch of raw ingredients into a massive trough
without any order and then provide you with a fork to sort through the mess?
No. Rather they set up an orderly arrangement of starters, salads, and main
courses where you can easily walk around the buffet to develop the dining
experience you prefer. Some even have an omelet, prime rib, or other cooking
stations to make it really easy for patrons to construct their own meals.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
How can this buffet analogy apply to data exploration dashboards?
Think about the business questions the business users might need to have
answered. For example, a marketing manager might want to understand what
accounts are doing really well and what accounts are in danger of churning.
By doing some analysis of the data in advance of the business users accessing it,
you guide business users to insights and help them find the data they need. This
pre-defined analysis or these pre-defined questions make data more useful.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Self-Exploration Is Not Useful For All Your Data
Another error many organizations make is not reporting their most strategic
information in a meaningful way. While much time and energy go into selecting
the appropriate data points and KPIs (Key Performance Indicators) for an
organization and then tracking data and numbers, the insights are often lost
when the communication is simply based on self-service analytics. When
reporting your most strategic insights, it’s important that it’s done in a way that
allows decision-makers to easily understand the key insights.
The most effective way to communicate performance is by using numbers,
tables, and charts as well as words to put the performance in context.
Organizations that carefully curate KPI dashboards are the ones who use data
and KPIs effectively.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Self-Exploration Is Not Useful For All Your Data
To be sure data isn’t lost in translation, subject matter experts should carefully curate the
data points and the insights that data delivers to share with execs. Consider this step like a
fine dining experience. When you enjoy an outing to a fine dining establishment, the
entire experience is curated from the ingredients selected to the entrees and
accompaniments to how everything is presented on the plate.
Apply this fine-dining thinking to your KPI dashboard. Instead of giving execs all the data
that’s gathered, showcase and focus decision-makers’ attention on the data that matters.
This should be the data that helps business users understand progress toward a strategic
objective and the insights execs need to make data-informed decisions.
The most effective KPI dashboards use a combination of words, numbers, and visuals to
communicate key messages and progress toward achieving strategic objectives.
Unfortunately, when insights aren't communicated, disaster can result.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Self-Exploration Is Not Useful For All Your Data
When NASA was developing the space shuttle Challenger, there were some engineers
who had grave concerns about the O-rings used. While the data was communicated to
decision-makers, the insight about the potential failure of the O-ring was lost in
translation. As you know, this was more than a communication failure; it was catastrophic.
Don’t report data and fail to report insights to decision-makers. Ensure understanding by
decision-makers by carefully curating your KPI dashboards. To learn more about how to
do so, please check out my YouTube channel.
It's important to lead business users to the data that they will find the most useful instead
of providing access to all data and expecting them to uncover what they need. When
reporting KPIs, also be sure that your organization curates the data and insights and
presents them to decision-makers through the use of a KPI dashboard that uses visuals,
words, and numbers to communicate.
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
© 2020 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2017 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
Title
Subtitle
Be the FIRST to receive news,
articles, insights and event
updates from Bernard Marr & Co
straight to your inbox.
Signing up is EASY! Simply fill out
the online form and we’ll be in
touch!
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved

More Related Content

More from Bernard Marr

The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023Bernard Marr
 
The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023Bernard Marr
 
How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023Bernard Marr
 
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Bernard Marr
 
The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023Bernard Marr
 
The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023Bernard Marr
 
12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work 12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work Bernard Marr
 
The Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerThe Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerBernard Marr
 
How AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareHow AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareBernard Marr
 
Top 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkTop 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkBernard Marr
 
Artificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingArtificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingBernard Marr
 
Is AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoIs AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoBernard Marr
 
Will Smart Glasses Replace Smartphones In The Metaverse?
Will Smart Glasses Replace Smartphones In The Metaverse?Will Smart Glasses Replace Smartphones In The Metaverse?
Will Smart Glasses Replace Smartphones In The Metaverse?Bernard Marr
 
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...Bernard Marr
 
Is This Web3 Winery The Future Of Wine In The Metaverse?
Is This Web3 Winery The Future Of Wine In The Metaverse?Is This Web3 Winery The Future Of Wine In The Metaverse?
Is This Web3 Winery The Future Of Wine In The Metaverse?Bernard Marr
 
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 YearsThe Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 YearsBernard Marr
 
What Are The 10 Best AI Consulting Firms
What Are The 10 Best AI Consulting FirmsWhat Are The 10 Best AI Consulting Firms
What Are The 10 Best AI Consulting FirmsBernard Marr
 
How To Amplify Customer Relations In The Metaverse
How To Amplify Customer Relations In The MetaverseHow To Amplify Customer Relations In The Metaverse
How To Amplify Customer Relations In The MetaverseBernard Marr
 
The Best Examples Of Human And Robot Collaboration
The Best Examples Of Human And Robot CollaborationThe Best Examples Of Human And Robot Collaboration
The Best Examples Of Human And Robot CollaborationBernard Marr
 
12 Simple Ways To Boost Your Creativity
12 Simple Ways To Boost Your Creativity12 Simple Ways To Boost Your Creativity
12 Simple Ways To Boost Your CreativityBernard Marr
 

More from Bernard Marr (20)

The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023
 
The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023
 
How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023
 
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
 
The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023
 
The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023
 
12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work 12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work
 
The Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerThe Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your Career
 
How AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareHow AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of Healthcare
 
Top 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkTop 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of Work
 
Artificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingArtificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of Marketing
 
Is AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoIs AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say No
 
Will Smart Glasses Replace Smartphones In The Metaverse?
Will Smart Glasses Replace Smartphones In The Metaverse?Will Smart Glasses Replace Smartphones In The Metaverse?
Will Smart Glasses Replace Smartphones In The Metaverse?
 
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
Cultural Intelligence (CQ) Is An Important Predictor Of Success. Here’s How T...
 
Is This Web3 Winery The Future Of Wine In The Metaverse?
Is This Web3 Winery The Future Of Wine In The Metaverse?Is This Web3 Winery The Future Of Wine In The Metaverse?
Is This Web3 Winery The Future Of Wine In The Metaverse?
 
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 YearsThe Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
The Top 10 Reasons Why Businesses Will Fail Over The Next 10 Years
 
What Are The 10 Best AI Consulting Firms
What Are The 10 Best AI Consulting FirmsWhat Are The 10 Best AI Consulting Firms
What Are The 10 Best AI Consulting Firms
 
How To Amplify Customer Relations In The Metaverse
How To Amplify Customer Relations In The MetaverseHow To Amplify Customer Relations In The Metaverse
How To Amplify Customer Relations In The Metaverse
 
The Best Examples Of Human And Robot Collaboration
The Best Examples Of Human And Robot CollaborationThe Best Examples Of Human And Robot Collaboration
The Best Examples Of Human And Robot Collaboration
 
12 Simple Ways To Boost Your Creativity
12 Simple Ways To Boost Your Creativity12 Simple Ways To Boost Your Creativity
12 Simple Ways To Boost Your Creativity
 

Recently uploaded

Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Boston Institute of Analytics
 
The Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptx
The Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptxThe Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptx
The Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptxTasha Penwell
 
Semantic Shed - Squashing and Squeezing.pptx
Semantic Shed - Squashing and Squeezing.pptxSemantic Shed - Squashing and Squeezing.pptx
Semantic Shed - Squashing and Squeezing.pptxMike Bennett
 
modul pembelajaran robotic Workshop _ by Slidesgo.pptx
modul pembelajaran robotic Workshop _ by Slidesgo.pptxmodul pembelajaran robotic Workshop _ by Slidesgo.pptx
modul pembelajaran robotic Workshop _ by Slidesgo.pptxaleedritatuxx
 
Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...
Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...
Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...Boston Institute of Analytics
 
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...Dr Arash Najmaei ( Phd., MBA, BSc)
 
What To Do For World Nature Conservation Day by Slidesgo.pptx
What To Do For World Nature Conservation Day by Slidesgo.pptxWhat To Do For World Nature Conservation Day by Slidesgo.pptx
What To Do For World Nature Conservation Day by Slidesgo.pptxSimranPal17
 
wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...
wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...
wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...KarteekMane1
 
English-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdf
English-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdfEnglish-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdf
English-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdfblazblazml
 
Networking Case Study prepared by teacher.pptx
Networking Case Study prepared by teacher.pptxNetworking Case Study prepared by teacher.pptx
Networking Case Study prepared by teacher.pptxHimangsuNath
 
Principles and Practices of Data Visualization
Principles and Practices of Data VisualizationPrinciples and Practices of Data Visualization
Principles and Practices of Data VisualizationKianJazayeri1
 
Decoding Patterns: Customer Churn Prediction Data Analysis Project
Decoding Patterns: Customer Churn Prediction Data Analysis ProjectDecoding Patterns: Customer Churn Prediction Data Analysis Project
Decoding Patterns: Customer Churn Prediction Data Analysis ProjectBoston Institute of Analytics
 
Predictive Analysis for Loan Default Presentation : Data Analysis Project PPT
Predictive Analysis for Loan Default  Presentation : Data Analysis Project PPTPredictive Analysis for Loan Default  Presentation : Data Analysis Project PPT
Predictive Analysis for Loan Default Presentation : Data Analysis Project PPTBoston Institute of Analytics
 
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBoston Institute of Analytics
 
Unveiling the Role of Social Media Suspect Investigators in Preventing Online...
Unveiling the Role of Social Media Suspect Investigators in Preventing Online...Unveiling the Role of Social Media Suspect Investigators in Preventing Online...
Unveiling the Role of Social Media Suspect Investigators in Preventing Online...Milind Agarwal
 
SMOTE and K-Fold Cross Validation-Presentation.pptx
SMOTE and K-Fold Cross Validation-Presentation.pptxSMOTE and K-Fold Cross Validation-Presentation.pptx
SMOTE and K-Fold Cross Validation-Presentation.pptxHaritikaChhatwal1
 
Digital Marketing Plan, how digital marketing works
Digital Marketing Plan, how digital marketing worksDigital Marketing Plan, how digital marketing works
Digital Marketing Plan, how digital marketing worksdeepakthakur548787
 
Easter Eggs From Star Wars and in cars 1 and 2
Easter Eggs From Star Wars and in cars 1 and 2Easter Eggs From Star Wars and in cars 1 and 2
Easter Eggs From Star Wars and in cars 1 and 217djon017
 
Conf42-LLM_Adding Generative AI to Real-Time Streaming Pipelines
Conf42-LLM_Adding Generative AI to Real-Time Streaming PipelinesConf42-LLM_Adding Generative AI to Real-Time Streaming Pipelines
Conf42-LLM_Adding Generative AI to Real-Time Streaming PipelinesTimothy Spann
 

Recently uploaded (20)

Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
 
The Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptx
The Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptxThe Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptx
The Power of Data-Driven Storytelling_ Unveiling the Layers of Insight.pptx
 
Semantic Shed - Squashing and Squeezing.pptx
Semantic Shed - Squashing and Squeezing.pptxSemantic Shed - Squashing and Squeezing.pptx
Semantic Shed - Squashing and Squeezing.pptx
 
modul pembelajaran robotic Workshop _ by Slidesgo.pptx
modul pembelajaran robotic Workshop _ by Slidesgo.pptxmodul pembelajaran robotic Workshop _ by Slidesgo.pptx
modul pembelajaran robotic Workshop _ by Slidesgo.pptx
 
Data Analysis Project: Stroke Prediction
Data Analysis Project: Stroke PredictionData Analysis Project: Stroke Prediction
Data Analysis Project: Stroke Prediction
 
Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...
Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...
Decoding the Heart: Student Presentation on Heart Attack Prediction with Data...
 
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
 
What To Do For World Nature Conservation Day by Slidesgo.pptx
What To Do For World Nature Conservation Day by Slidesgo.pptxWhat To Do For World Nature Conservation Day by Slidesgo.pptx
What To Do For World Nature Conservation Day by Slidesgo.pptx
 
wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...
wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...
wepik-insightful-infographics-a-data-visualization-overview-20240401133220kwr...
 
English-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdf
English-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdfEnglish-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdf
English-8-Q4-W3-Synthesizing-Essential-Information-From-Various-Sources-1.pdf
 
Networking Case Study prepared by teacher.pptx
Networking Case Study prepared by teacher.pptxNetworking Case Study prepared by teacher.pptx
Networking Case Study prepared by teacher.pptx
 
Principles and Practices of Data Visualization
Principles and Practices of Data VisualizationPrinciples and Practices of Data Visualization
Principles and Practices of Data Visualization
 
Decoding Patterns: Customer Churn Prediction Data Analysis Project
Decoding Patterns: Customer Churn Prediction Data Analysis ProjectDecoding Patterns: Customer Churn Prediction Data Analysis Project
Decoding Patterns: Customer Churn Prediction Data Analysis Project
 
Predictive Analysis for Loan Default Presentation : Data Analysis Project PPT
Predictive Analysis for Loan Default  Presentation : Data Analysis Project PPTPredictive Analysis for Loan Default  Presentation : Data Analysis Project PPT
Predictive Analysis for Loan Default Presentation : Data Analysis Project PPT
 
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
 
Unveiling the Role of Social Media Suspect Investigators in Preventing Online...
Unveiling the Role of Social Media Suspect Investigators in Preventing Online...Unveiling the Role of Social Media Suspect Investigators in Preventing Online...
Unveiling the Role of Social Media Suspect Investigators in Preventing Online...
 
SMOTE and K-Fold Cross Validation-Presentation.pptx
SMOTE and K-Fold Cross Validation-Presentation.pptxSMOTE and K-Fold Cross Validation-Presentation.pptx
SMOTE and K-Fold Cross Validation-Presentation.pptx
 
Digital Marketing Plan, how digital marketing works
Digital Marketing Plan, how digital marketing worksDigital Marketing Plan, how digital marketing works
Digital Marketing Plan, how digital marketing works
 
Easter Eggs From Star Wars and in cars 1 and 2
Easter Eggs From Star Wars and in cars 1 and 2Easter Eggs From Star Wars and in cars 1 and 2
Easter Eggs From Star Wars and in cars 1 and 2
 
Conf42-LLM_Adding Generative AI to Real-Time Streaming Pipelines
Conf42-LLM_Adding Generative AI to Real-Time Streaming PipelinesConf42-LLM_Adding Generative AI to Real-Time Streaming Pipelines
Conf42-LLM_Adding Generative AI to Real-Time Streaming Pipelines
 

How Do You Create Great Data Exploration Dashboards To Democratize Analytics?

  • 1. How Do You Create Great Data Exploration Dashboards To Democratize Analytics?
  • 2. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Title Text Introduction Introduction Organizations must do more to make all the data they collect accessible to business users in a self-serve environment with a nice user interface. Effective organizations treat their data like a self-serve buffet where some analysis of important questions to be answered is done to lead business users to the relevant insights. How Do You Create Great Data Exploration Dashboards To Democratize Analytics?
  • 3. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved With all the data that’s created each day and the possibilities for making data-driven decisions in business, every company must have a way to present data to business users in a user-friendly and informative way. In my experience, a lot of organizations get this wrong. In the pursuit of making data accessible to everyone, many organizations simply add a nice user interface on top of a huge data lake and consider the job done. Voila! They think this allows business users to find the data and analyze it in a self-serve environment. In practice, I find that instead of empowering business users, this actually makes them feel threatened and overwhelmed. I often meet business users that don’t know exactly what data to use and how to use it. You must do more than just provide decision-makers with access to data.
  • 4. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Provide A User-Friendly Buffet Of Data Choices To Decision-Makers Think of your data exploration dashboard like a self-service buffet restaurant. Do buffet restaurants pile a bunch of raw ingredients into a massive trough without any order and then provide you with a fork to sort through the mess? No. Rather they set up an orderly arrangement of starters, salads, and main courses where you can easily walk around the buffet to develop the dining experience you prefer. Some even have an omelet, prime rib, or other cooking stations to make it really easy for patrons to construct their own meals.
  • 5. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved How can this buffet analogy apply to data exploration dashboards? Think about the business questions the business users might need to have answered. For example, a marketing manager might want to understand what accounts are doing really well and what accounts are in danger of churning. By doing some analysis of the data in advance of the business users accessing it, you guide business users to insights and help them find the data they need. This pre-defined analysis or these pre-defined questions make data more useful.
  • 6. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Self-Exploration Is Not Useful For All Your Data Another error many organizations make is not reporting their most strategic information in a meaningful way. While much time and energy go into selecting the appropriate data points and KPIs (Key Performance Indicators) for an organization and then tracking data and numbers, the insights are often lost when the communication is simply based on self-service analytics. When reporting your most strategic insights, it’s important that it’s done in a way that allows decision-makers to easily understand the key insights. The most effective way to communicate performance is by using numbers, tables, and charts as well as words to put the performance in context. Organizations that carefully curate KPI dashboards are the ones who use data and KPIs effectively.
  • 7. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Self-Exploration Is Not Useful For All Your Data To be sure data isn’t lost in translation, subject matter experts should carefully curate the data points and the insights that data delivers to share with execs. Consider this step like a fine dining experience. When you enjoy an outing to a fine dining establishment, the entire experience is curated from the ingredients selected to the entrees and accompaniments to how everything is presented on the plate. Apply this fine-dining thinking to your KPI dashboard. Instead of giving execs all the data that’s gathered, showcase and focus decision-makers’ attention on the data that matters. This should be the data that helps business users understand progress toward a strategic objective and the insights execs need to make data-informed decisions. The most effective KPI dashboards use a combination of words, numbers, and visuals to communicate key messages and progress toward achieving strategic objectives. Unfortunately, when insights aren't communicated, disaster can result.
  • 8. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Self-Exploration Is Not Useful For All Your Data When NASA was developing the space shuttle Challenger, there were some engineers who had grave concerns about the O-rings used. While the data was communicated to decision-makers, the insight about the potential failure of the O-ring was lost in translation. As you know, this was more than a communication failure; it was catastrophic. Don’t report data and fail to report insights to decision-makers. Ensure understanding by decision-makers by carefully curating your KPI dashboards. To learn more about how to do so, please check out my YouTube channel. It's important to lead business users to the data that they will find the most useful instead of providing access to all data and expecting them to uncover what they need. When reporting KPIs, also be sure that your organization curates the data and insights and presents them to decision-makers through the use of a KPI dashboard that uses visuals, words, and numbers to communicate.
  • 9. Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent contributor to the World Economic Forum and writes a regular column for Forbes. Every day Bernard actively engages his 1.5 million social media followers and shares content that reaches millions of readers. Visit The Website © 2020 Bernard Marr , Bernard Marr & Co. All rights reserved © 2017 Bernard Marr , Bernard Marr & Co. All rights reserved © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent contributor to the World Economic Forum and writes a regular column for Forbes. Every day Bernard actively engages his 1.5 million social media followers and shares content that reaches millions of readers. Visit The Website
  • 10. Title Subtitle Be the FIRST to receive news, articles, insights and event updates from Bernard Marr & Co straight to your inbox. Signing up is EASY! Simply fill out the online form and we’ll be in touch! © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved