Dateline: August 5, 2016
Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend.
Collecting data is one thing, but being able to make sense of what it is telling us and communicating those messages are quite another. This month we are spending time looking at BI, analytics and data management topics. Today our topic is about data visualization.
Recently Russ Penlington published a thoughtful blog on Linked In titled Data Visualization Standards for Optimal Decision Making . In his blog, he describes data visualization as “essentially story-telling with the goal of revealing the outcome as quickly and efficiently as possible.” He then suggests,
International data visualization standards have been developed over time to facilitate optimal decision making through intuitive graphical content. International standards such as the International Business Communications Standards (IBCS) can help to derive best practices for business analysis reporting. However, internal or targeted visualization standards that form part of a corporate or industry culture can go further to increase relevancy and comprehension for specific management decision characteristics.
Does your analytics strategy include data visualization as part of your story-telling capabilities? What are your internal standards for data visualization? How can you increase the knowledge gained from your analytics program using data visualization standards?
That’s a WRAP! Have a great weekend!
Speak Your Mind