Before Create your first KPI Dashboard in Excel • Do we know the sources of the information? Where is the dashboard “feed” from? Automated updates are necessary or is it enough to send daily or weekly reports?

Download the top Excel dashboard templates for free, including KPI, project management, sales management, and product metrics dashboards. A dashboard report is a powerful tool for meeting business objectives, displaying vital company data in a one-page layout. KPI Templates Choose from over 10 industry focused templates To overcome the challenge of finding the right KPIs for your business, we have collected our most popular KPI examples by category and conveniently packaged these into KPI templates.

If we know the answer to all these questions than it will be easy for us. If we do not than we have to find out every little detail by a preliminary survey. • How many performance indicators are needed? It is very important that you exactly know. If the goal is to track only 5-10 KPIs than it is sensible to use gauge chart. Most of the companies will need a lot more than that.

Bot na igru 11x11 1. The gauge chart is incredible tool, but it could be more efficient. If the goal is the tracking of more than 10 KPIs than • What should be the format of the final dashboard? Will we have to share our information through intranet or only share it with a few managers? We have to pay attention to set authorizations. The dashboard should always be a read-only! Just imagine where would it lead if somebody opens the file, modifies it than forward it in e-mail. I don’t even dare to think • Compatibility first! Remember that different version of Excel have different function.

If the file was created with an Excel 2016 and someone wants to open it with an Excel 2007 will not come anything good out of it. • Data Cleansing: Last but not least using built-in and and VBA solutions! It’s very important to into Excel table. Improve the user experience!

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All right, the task is given! But how should we start? When an idea is born in our heads there are two possible ways to go about it.

In the first scenario we immediately get to work and neglect the planning part. This never leads to nowhere. In the second case we carefully plan the design and the necessary steps. What do you think which one is the more productive in the long run? In our opinion the planning phase should take up 70% of the whole project. The remaining 30% is needed for the implementation. Mistakes are a lot less if we advance step by step.

A metric has four characteristics: • Current value, namely where we stand now. • Plan value, namely where we plan to stand now. • Deviation value, namely by how much and what direction we differ from the plan. • And a trend value that shows the trend of fact values.

We have to give these values to create a KPI and from then on the tool is doing everything for us. If we want it displays the KPI on a speedometer, or on a diagram or a map. It does it all depending on the content, i.e., according to given period, branch, product group or other criteria. But the challenge does not lie here but in the choosing of KPI. Could you tell which one is that 5-10 KPI, or we can call it performance indicator by which you can monitor the achievements of your own field?

Could you create 5 or 10 KPI with your field’s success criteria, your department’s value saving ability? What are the most important KPI?