BI Dashboard Formula Methodology: How to make your first big data visualization in any tool
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BI Dashboard Formula Methodology Webinar: http://bidashboardformula.com Learn how to with Mico Yuk: Qualify your dashboard project before starting Transform your KPIs into actionable KPIs Tell a story with your KPI's and Data Build mockups right the first time Boost user adoption using our hacks Build in any tool!
![How do you create an
AcPonable KPI?
[action] [KPI name] [how much] [by when]
Increase profit margin by 25% by 2017
Use the BI Dashboard Formula
Actionable KPI Name Format](https://image.slidesharecdn.com/bidf2016webinar-160428000850/85/BI-Dashboard-Formula-Methodology-How-to-make-your-first-big-data-visualization-in-any-tool-29-320.jpg)
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BI Dashboard Formula Methodology: How to make your first big data visualization in any tool
- 2. Who is Mico Yuk? The Founder of BI Brainz Academy, BI Dashboard Formula Methodology, Analytics on Fire Podcast I’ve help companies like Nestle, Shell, Ericsson, Bank of America, General Mills, Allstate deploy success BI analytics I’ve help to deploy over 500 enterprise dashboards globally I’ve also keynoted at major BI events in over 8 countries I’ve taught over 5,000 students in the last 5 years how to become BI rock stars I was recognized as one of the top analytics bloggers and influencers in the world Follow @micoyuk| Use hashtag: #BIBAcademy | Email quesEons to [email protected]
- 3. Join the conversaEon… use hashtag #BIBAcademy Me t: @micoyuk | Li: linkedin.com/in/micoyuk Company t: @bibrainz | w: bibrainz.com | e: [email protected] Blog/Podcast t: @analyticsonfire | w: analyticsonfire.com
- 4. Our customers say it all… Follow @bibrainz | Use hashtag: #BIBAcademy | Email quesEons to [email protected]
- 6. 4 Steps to Build an Amazing BI Dashboard to ‘WOW’ your Audience! Follow @micoyuk, @bibrainz | Use hashtag: #BIBAcademy | Email quesEons to [email protected]
- 7. See How the BI Dashboard Formula helped Dashboards in 5 short months… MaIy Grygorcewicz from S. Australia Power Network create 4
- 9. Today’s Game Plan 1. Qualify your projects… and save money 2. Create AcUonable KPIs… to get quick wins! 3. Tell a Story… to engage your audience! 4. Mockup & Design… dashboards that wow! 5. Build in Any tool… 6. Tell the World...and boost user adopUon!
- 11. One of the biggest fears when building a dashboard, is that you’ll build an ugly dashboard and NOBODY will use it. andyouruserswilllosetrust. Moneywillbewastedagain. WHAT IF I TOLD YOU I CAN ELIMINATE THAT PROBLEM?
- 15. 3 Reasons NOT to start your BI project 1. Too many audiences 2. Limited Resources 3. Missing top KPIs
- 16. 1. Too Many Audiences Having more than 2 of any kind of audience increases your chances of failure
- 18. 3. Missing Top KPIs These are NOT KPIs Chart View Chart View Chart View No Clue ?? • Real Customer Example: • BI Dashboard Formula Planning Guide completed wrong!
- 20. Tips 1. You should avoid having more than two audiences for a single dashboard 2. You need to confirm all resources before starUng project 3. You need to idenUfy 3-5 top KPIs before moving to gather requirements 4. Bonus: You should always ensure you have a single goal statement!
- 22. “The most important performance information that enables organisations or their stakeholders to understand whether the organisation is on track or not.” Bernard Marr Key Performance Indicators (KPIs) are…
- 24. Go from this…
- 26. 1. Take one your top KPIs (from previous step) 2. Answer 3 simple quesUons. 3. Rename KPI using our special BI Dashboard Formula format! How do you create an AcPonable KPI?
- 27. How do you create an AcPonable KPI? 1. Start with your Top KPIs(s): Profit (margins)
- 28. How do you create an AcPonable KPI? 1. Start with your Top KPIs(s): Profit (margins) 2. Answer 3 simple questions: What?... I need to increase our margins by How much?... By 25% by When?... next year (2017)
- 29. How do you create an AcPonable KPI? [action] [KPI name] [how much] [by when] Increase profit margin by 25% by 2017 Use the BI Dashboard Formula Actionable KPI Name Format
- 30. Tips 1. You should K.I.S.S. (keep it simple superstar) 2. Not all KPIs or metrics can be made acUonable 3. Use right brain words when possible 4. Keep your acUonable KPI count under 5!
- 31. Tell a Story 3
- 34. A Compelling data story has 4 parts 1. Snapshot 2. Trends 3. Forecasts 4. SoluUons
- 35. Lots of trends
- 38. How do you create a compelling data story? 1. Start with your top 3 KPIs 2. Segment into four secUons
- 40. visual storyboard template The BI Dashboard Formula KPI Visual Storyboard removes the guess work!
- 41. Tips 1. SUck to answering the quesUons for each secUon 2. Add your visuals only aher the story is correct 3. Your story should be short and sweet
- 43. “The purpose of visualizaUon is insight, not pictures. ―BenShneiderman A good data story…
- 45. BIDF Design Hack…cut design Pme by 50% 1. Start with a black/white mock up or hand drawing 2. Add final design in Canva (stay tuned for bonus) 3. Gain Sign off 4. Build in tool 5. Add data / funcUonality 6. Gain super fast sign off!
- 48. finalize design in our secret tool… Sign up for Canva.com FREE NO PHOTOSHOP
- 50. Tips 1. You should not do any mockups in the tool 2. You want to get sign off on the look/feel before adding data 3. You want to sign up for a canva account ASAP. It’s super simple. 4. Bonus: You want to stay to get details on a free training to show you how to build what you just saw!
- 51. So what’s next?
- 57. This is not for you if 1. You simply want to build preIy dashboards without smart data 2. You feel user adopUon is not your responsibility too 3. You expect results without effort
- 58. This is great for you if 1. You want to start building successful dashboards 2. You want to avoid failing at creaUng another dashboard 3. You are a BI pracUUoner or manager (IT or biz side) 4. You want higher user adopUon
- 59. What’s Inside 100 – yes – ONE HUNDRED hours of world class training + 8 templates
- 60. you get… A. Step-by-step methodology B. Frameworks C. Templates D. Customer Use Cases E. Community
- 71. The price
- 75. Surprise Bonus!
- 79. Let’s recap everything your gehng… Access to the BI Dashboard Formula Methodology course available on May 23rd + free bonuses! • Bonus #1 – How to use Canva to Design your BI Dashboard • Bonus #2 – How to go from a Mockup to your first SAP Cloud AnalyEcs Data Viz • Bonus #3 – Access to our new BIDF community (if you buy)
- 80. 4 Steps to Build an Amazing BI Dashboard to ‘WOW’ your Audience! Follow @micoyuk, @bibrainz | Use hashtag: #BIBAcademy | Email quesEons to [email protected]
- 81. Next Steps Get Started by clicking on the right or by visiUng BIDashboardMastery.com Send quesUons to: [email protected]