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Launching the Empowered Community!
We’re excited to announce the launch of our Empowered Community – the online collaboration platform for Empower Architects.
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Aspiring Startup Founders Could Benefit From a Grounding in Finance
<p>Our latest research into the future of the finance function has shown that 52% of millennial finance professionals think advanced analytics offers a transformational opportunity for the finance team.</p>
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Effective global management and data-driven insight
Metapraxis MD Simon Bittlestone on what the WPP story can tell us about effective global management, and how analytics can drive sustainable growth
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Coping with market uncertainty Part 3: Sales forecasting and planning
In the latest post in this series, Andrew Mosely looks at how better forecasting can help business leaders cope with market uncertainty
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Optical illusion demonstrates how visualisation can trick us
A video of a man moving two pieces of his son’s toy train tracks has gone viral this week. The effect is baffling and is an example of a little-understood phenomenon known as the Jastrow Illusion.
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Coping with market uncertainty Part 2: difficult times call for different tactics
The second post in this series: We look at how different data transformations can help companies face market uncertainty with greater confidence
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The end of quarterly reporting?
Nicola Pastore explores how reporting can be reinvented, to more effectively promote and maintain business performance.
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Gartner BI and Analytics Summit: the exciting side of governance
Nicola Pastore writes on the recent Gartner BI and Analytics Summit, and how efficient data governance can facilitate effective analytics
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Gartner BI and Analytics Summit: business outcomes are key
Nicola Pastore reports from this week's Gartner BI and Analytics Summit, on how analysis can focus more on tangible business outcomes
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Coping with market uncertainty Part 1: A proactive response to economic challenges
We look at how business leaders can build a proactive approach to coping with market uncertainty
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Data Visualisation for FP&A teams
Nicola Pastore looks at recent developments in the use of Data Visualisation by FP&A teams.
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Understanding profitability in the fresh prepared foods sector.
We look at recent data from the UK retail industry, and at how profitability analysis can help make the most of seasonal variations in demand.
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Regulatory risk and innovation in food manufacturing and retailing
Following media discussion around the idea of a 'sugar tax' in the UK, Rachel Russell looks at how innovation can be managed in response to regulatory risk
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Risk analysis in retail financial services
As UK lenders grant more mortgages for longer than the usual 25 years, Andrew Mosely looks at how risk analysis can evolve to keep pace
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Demand forecasting in the retail industry
Nicola Pastore looks at the aftermath of the festive season for the UK's retailers, and the need for better demand forecasting in the industry
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Forecasting for large organisations
We explore how business leaders at large organisations can build a framework for generating effective performance predictions.
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Predictive analytics and industry disruption
Simon Bittlestone, Managing Director, writes on markets and economics. Simon Bittlestone looks at how predictive analytics can be used to gain insight on the progress of industry trends and disruption
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A chart chooser for trends
Having defined and explained the fundamental dimensions of MI, we can develop a chart chooser for each of the seven categories.
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Mis-scaled bar chart
Here is a good example of a mis-scaled bar chart – it is from a recent Raconteur infographic called “Top 10 trusted countries for outsourcing legal work”.
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Moving Annual Average - a powerful data transformation
We can’t use an MAT for a stock type item (like Accounts Receivable or Headcount) or a statistic (such as gross margin % or the £/$ Exchange Rate) because totalling these items overtime periods doesn’t make any sense.
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Choosing the scale for a graph
The scale for a graph axis can have significant impact on how an audience interprets a message and is an important part of optimising data visualization.
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Why bars are better than bubbles
The infographic in the Raconteur supplement distributed with today’s Times includes a chart that aims to make quantitative comparisons through the use of circles of different areas.
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Today's misleading infographic
The supplement in today’s Times newspaper published by Raconteur contains a large centre spread infographic entitled “How UK compares to European rivals”.
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A checklist for an effective dashboard
This article contains a simple 10 point checklist that we give Metapraxis analysts to use when they create an executive dashboard.
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Today's misleading infographic
A colleague has drawn my attention to this infographic in today’s City AM concerning the cost and value of communications services in the UK.
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Today's misleading infographic
The graph at the top of this article appeared as part of an infographic published by a media company called Raconteur, which was distributed as a supplement to today’s copy of The Times.
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Today's misleading infographic
Infographics are generally designed to do a different job from the visualization of MI in business - their primary purpose is to engage or entertain through design-focused visuals rather than to provide actionable insight. That said, visualization and infographics are on a continuum.
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