BARS WITH OBJECTIVE
The bars with an objective visualization grant you the ability to compare your activities against a pre-set numerical objective or benchmark while also permitting a progressive view of your results over time.
Do your sales meet your expectations? Are your results getting closer to or further away from your goals each month?
In this example we examine progressive sales over time.
You can see that the revenue increased slightly between January and February then declined steadily from February and June. As you follow the sales evolution over time, the gap between the orange line and the bar can show you how the results stacked up against the goals or expectations. We were closest to meeting the objectives in February, March, and June; however, in January and May the performance was lacking.
Perhaps one needs to increase the headcount of the sales team or adjust the trajectory to reflect the knowledge of past results.
In order to play around some more with bars with objectives you can head over to the visualization lair at Captaindash.com.
Bars with a year-to-year comparison combines a two-year time period on a single graph, allowing you to quickly see how the performance of a particular month compares against the same month the year previously.
This is especially useful when dealing with seasonal activities, where perhaps the time of year or month could significantly affect the metric value.
In this example, we can immediately see how this year’s performance compared to that of the year before. In January, March, May, July, and September, we outperformed ourselves from the year before.
In order to play around some more with bars year-over-year graphs you can head over to the visualization lair at Captaindash.com.