Data Visualization for Improved Communication
People understand visual information quicker and more easily than
numeric information, yet many professionals who work with large volumes
of data routinely present information and analysis using numbers in a
tabular format like an Excel spreadsheet. In a recent survey, more than
56%1 of respondents said they want to not only see data
presented visually, but they want more types of visualizations to choose
from and over 70%1said they want more interactivity with the
Research shows we more readily understand visuals, and businesses are
demanding more and better visualization of data. Visualizations help
people spot trends, anomalies, exceptions and outliers. However, we are
not naturally good at presenting data visually. This course will provide
a grounding in basic data visualization concepts.
Why should you Attend:
Finance, accounting and HR professionals are frequently called upon to
analyze complex issues and communicate the results of their analysis to
people throughout their organizations. More and more, they are expected
to share insights, not just data. Their ability to boil complex problems
down into concise action plans is a big determinant of their success
and data visualization helps them communicate much more concisely than
any other tool.
- Improperly presented information can lead to longer decision making times.
- Data visualization can help identify problems and solutions quicker than traditional analysis.
- More than 40%1 of finance professionals surveyed said
they need data visualization that provides more options than what is
available in Excel and that number is on the rise.
- With the volume of data growing by nearly 50%2 each year, decision makers need the right tools to prevent information overload and getting lost in a sea of irrelevant data.
Areas Covered in the Session:
- Define data visualization and explain common visualization goals
- Describe the six elements of Gestalt principles of visual perception
- Explain how to choose the right chart type for your purpose
- Describe how context affects perception
Who Will Benefit:
- Financial Analyst
- Business Analyst
- Accounting Data Analyst
- Pricing Analyst
- Revenue Analyst
- S&OP (Sales & Operations Planning) Analyst
- FP&A (Financial Planning & Analysis) Analyst
John Sanchez is Managing Director of financial
planning and training consultancy FPA Group, LLC . He has more than 20
years’ experience including working at a top ten accounting firm,
mergers and acquisitions work for Fortune 500 companies, and leadership
positions in consolidated business groups such as Royal Caribbean
Cruises and AutoNation.
Email: [email protected]
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