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How to Master Data Visualization: A Key Skill for FP&A Professionals
As an FP&A professional, the ability to communicate data-driven insights is critical to being an effective business partner.
While the data itself is essential, how it is presented can be equally important. Selecting the right charts and visualizations to present your data can make it easier for others to understand the story that the data is telling.
Choosing the right chart or visualization is about more than just aesthetics. Each type of chart has its own strengths and weaknesses and is designed to highlight different aspects of the data.
By selecting the right chart or visualization for the data you are presenting, you can help your stakeholders better understand the trends and patterns in the data and make more informed decisions.
For example, a waterfall chart can be a powerful tool for communicating changes in net income or profit and loss analysis, while a scatter plot can be useful for identifying correlations between two variables.
By selecting the right chart, you can make it easier for your stakeholders to understand the insights you are presenting…
