The best reason to use visual analytics is that the picture can tell data's story. It can uncover relationships between data and help show outliers that might otherwise be difficult to see. However, a visual may not be enough, depending on the reader. Adding a little text can help in understanding the message.
Take this visualization for example.
We clearly see there was a downturn in sales, which makes the reader curious about why it happened. The visualization though, does not give the answer.
However, if I add one sentence about a change in the pricing model, we can immediately understand why, at least at a surface level.
I think we've all been in business settings where we are handed a graph and asked, "What is this telling us?" And I'm sure we've all have had that momentary thought of "I don't have a clue."
Why make our readers work harder than what they need to?
Unless a visualization is exploratory, the real work should come in at the decision-making process.
To help the reader get to the conclusion/decision quicker, the following types of annotation can help.
Care should be taken to avoid over-annotating. The best way to avoid that is to ask, "Do we really need that additional information?" In the above example, there be opportunity to remove an annotation, which should discussed in the vetting session.
To read more about the making of this annotated line graph, click here.
Recently, I've been doing some practice with chart types I haven't used in awhile, so when I saw Cole Knaflic's Storytelling with Data Challenge this month, I decided to give it a go. The challenge for June was to create a slopegraph. While the data I have been working with recently hasn't been suited for a slopegraph, I do think they are a nice way to see the difference.
Here's my original table of data that I made up.
If my goal is to figure out which jewelry division increased the most or had a negative change, I need to do calculations in my head to get the answer I'm looking for. That takes precious time that could be spent making the decision or implementing actions.
This data is perfectly suited for the a slopegraph because I'm measuring two periods, so I should be able to see the change clearly.
Here are two versions of this data visualization, one with only the visualization and one with a small amount of text to inform the reader about a decision on where to focus.
I can now clearly see:
A little narrative can go a long way in facilitating or communicating decisions.
For this example, I used Tableau software and have provided the completely fictional data below if you would like to use it.
Helping people learn more and earn more money and do more good in our communities through the use of business strategies, tools, and analytics. Also a fan of my kids, cupcakes, and fitness.