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What is Dashboard in Excel?

Assume that, you are a Flight Lt. of a fighter. You are on training. During the training you need to see how much fuel are available so that you can take a decision how much time you can fly more. But the problem is you have only 1/2 seconds time to check it. Because your eyes should always keep on the windshield glass to observe outside situation and follow the command. At this moment just look the Fuel meter for 0.80 seconds and you will know how much fuel are available and you have already taken the decision how much more time you will fly. This is the best example of a Dashboard.

Image 1: Cockpit of F16 fighter



What is Dashboard?

In my opinion, Dashboard is a summary sheet of your details report, where Management looks for few seconds and can understand the overall situation of the current business. Sometimes, Management can change some options in a Dashboard and it shows the changed report instantly through graph, chart, attractive organizing of data etc.
Below is my "Past vs Present - Sales Data Analysis" dashboard.

Image 1: Past vs Present - Sales Data Analysis
Why Dashboard?

1. Dashboard can save your report generating time and you can deliver the report fast.
2. It is very easy to design. Just focus what information you want to share on it to Management.
3. Your Management can understand the overall business situation in minutes
4. Focuses the weakness and strength and to the point
5. Presentable to Management
6. From Management to Field Force all can view and understand the report.


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