Data visualization: A wise investment in big data future
Why is data visualization important?
Data visualization is the easiest and quickest way to convey
concepts in a very universal manner and can be done in various scenarios by
making slight adjustments. The information that is unique and visualized is
always more persuasive, memorable to an audience and more effective in guiding
high-caliber management decisions. This therefore enables the human brain to
processes information, using charts or even graphs to visualize large amounts
of complex data easily than poring over spreadsheets or reports. It is also
important in identifying
areas that need improvement, clarifying the factors influence customer behavior,
prediction of sales and helping to understand which products to place where.
Data visualization can also:
• Classify parts that need care or development.
• Elucidate which issues affect client conduct.
• Aid you comprehend which products to put where.
• Forecast sales sizes.
Data Visualization in Today’s World
The time is now for Visualization as a serious leader ability.
Application
Data Visualization Techniques:
This is applicable in the process of trying to find out the relationships
and the understand of data, which in most cases could include many variables.
It therefore helps in creating meaningful visuals of the data, through basic
tips and techniques. Data size and composition play an important role when
selecting graphs to represent your information in this feature hence the phrase
that is worth a thousand words.
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Supersizing results:
Any organization cans supersize results with data visualization.
It is important in discovering and exploring trends that are important in the
prediction of an organization data. It also promotes midsize home delivery
business through enhancing customer satisfaction. For the local government agency,
it is important in allocating resources where they are needed most. Useful in
hospital in bringing life-changing patient data directly to doctors and nurses.
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Useful in the improvement of
leadership skills:
Leaders armed with skills in information
visualization are usually be more effective in exploring the data and using it to make workplace decisions, in
explaining information to and educating others, and in engaging their employees
in the information being presented. Visualization also helps employees from
various backgrounds around a common view of the future, and uses their ideas to
gather input on and foster a commitment to the course of action. Moreover, leaders can use visualization to tell
powerful stories about change, about financial trends, about organizational
structures, and about comparisons between business units or employee groups.
Also for those leaders who want to become more adept at visualizing
information, there are various inspiring examples and guidance resources
currently available worth applying.
For leaders looking to be extra skillful at visualizing info, there are many inspirational instances and direction properties presently accessible. We endorse these properties as primary breaks to learn more:
• Anna Vital’s guide to “How to Think Visually”: An incredibly-useful overview of visualization communication methods, including charts as well as useful models for visual analogies.
• Cole Knaflic’s Storytelling with Data, An excellent book (and accompanying blog) clearly outlining the essentials of data visualization.
• Harvard Business Review’s “What We Learned about Management in 2015, in 25 Charts and Graphics”: More than two dozen examples of visualizations used to convey important business concepts.
• Prolific and insightful bloggers, such Andy Kirk, Ann K. Emery, and Stephanie Evergreen, who write accessibly about visualization topics.
With the advancement in technology, the information data is also
evolving and therefore business leaders as well as leaders in various
parastatals must continually adapt and build their skills in the tools and
techniques that will help them synthesize these immense mountains of data into
usable insights. Visualization skills will therefore improve the ability of
leaders to explore and make sense of information and will substantially improve
their proficiency and impact in presenting these data-driven messages about
strategy, trends, the urgent need for change to others as well as their employees.
Visual storytelling skills are highly developable, and they are also
exceedingly valuable.
For more information about the challenges identified in data visualization and it's potential solutions
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Good read, i also want to add, data visualization helps cut out excesses.
ReplyDeleteI agree that image can say more than words and I really want to develop my visual storytelling skills.
ReplyDelete