Excel KPI Dashboard | Key Performance Indicator | Excel KPI Dashboard in Excel| #dataeduworld | ES1V25

Description: -
KPI (Key Performance Indicator) and an Excel Dashboard are related but serve different purposes:

1. KPI (Key Performance Indicator):
-Definition: A KPI is a measurable value that indicates how effectively a company or individual is achieving key business objectives.
-Purpose: KPIs help track progress toward specific goals and are used to evaluate performance over time.
-Example: Sales growth, customer satisfaction, or revenue targets.
-Focus: Specific metrics that align with strategic objectives.

2. Excel Dashboard:
-Definition: An Excel Dashboard is a data visualization tool created in Excel that provides an overview of key metrics and insights. It uses charts, tables, and other visual elements to present data in a user-friendly format.
-Purpose: It organizes and presents a set of data (which may include KPIs) in an interactive, visual format for easy analysis and decision-making.
-Example: A dashboard that displays sales performance, inventory levels, and employee productivity.
-Focus: A visual tool that can include KPIs and other data points, making it easy to monitor various metrics.

In short, KPIs are specific performance metrics, while an Excel dashboard is a tool that can display those KPIs (along with other data) in a visual format.

Thanks.
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