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The Critical to Success Newsletter
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- Defining Metrics
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Now for the Critical to Success newsletter
Here’s Proof that Balanced Scorecards Work:
Would You Believe 28% ROI Improvement?
Words: 739 Reading time 2:28
This long term study by two independent
professors matches companies that use Balanced Scorecards
against those that don't. Across 42 matched pairs of companies
those using a Balanced Scorecard increase their financial performance by
approximately 28%, but it doesn't happen right away.
Beware of Creating
Complex PDFs with Excel Scorecards and Dashboards
Words 230 Reading time 0:46
In Balanced Scorecards and Operational Dashboards with
Microsoft Excel I recommend using Adobe Acrobat as a way of
aggregating and publishing multiple worksheets and workbooks.
Here are some big provisos!
Creating
Dynamic Cascading Combo Boxes (Drop-Down Lists) in Excel for
Long Lists
(New Excel Files)
Words: 109 Reading time 0:38
Drop-down combo boxes, those drop-down menus in Excel, are
difficult to use when the list has more than twelve or so
items. A much better way to create long drop-down combo boxes
is to create two, the first contains a list of categories and
the second contains items in a category. When you select from
the first category the second drop-down automatically updates
to show that categories contents.
This example is from an
actual dashboard built to monitor Joint Commission standards
for a hospital, so if you are working on hospital quality
here's a step in the right direction. It's cool, it helps
users, and it's not that hard to do.
Sample Census Data File to Experiment With in Excel
(New Excel Files)
Words: 87 Reading time 0:17
Creating sample data files
to experiment with in Excel is about as much fun as weeding
the lawn. So here's one that's used in the book examples. Change it so it looks like different
data sets using search and replace (Ctrl+H) to replace text
data and use a formula with the RAND() function to insert
random numbers.
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