May 2024
Beginner to intermediate
316 pages
7h 54m
English
Content preview from Statistical Tableau
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Chapter 3. Benchmarking in Tableau
Oftentimes, your stakeholders will want you to incorporate benchmarks, targets, or goals into your dashboards. This helps give context to how the business is performing. While benchmarks can be a powerful variable to add to your data visualizations, they can also be a crutch for your stakeholders if implemented for the wrong reasons. As a developer, you have to think through the science behind a benchmark when implementing them. This is another opportunity for you to implement some simple statistics that can help guide the business in making better decisions.
In this chapter, I will explain what benchmarks are and show you some different types of benchmarks you can implement. I’ll also discuss how to implement benchmarks in your data visualizations using Tableau.
What Is a Benchmark?
Benchmarking can be a business’s North Star that helps them grow, adapt to changing conditions, and stay ahead of their competition. Benchmarking is the process of comparing a product, service, process, or performance against recognized industry standards or best practices. It involves measuring and evaluating performance against a set of predetermined criteria to determine strengths, weaknesses, and areas for improvement. There are two main ways to conduct benchmarking: internal and external.
Internal Benchmarking
Internal benchmarking is the process of comparing the performance of different departments, units, or teams within the same organization to identify ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.