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>
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.
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
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
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”.
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.
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.
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.
The supplement in today’s Times newspaper published by Raconteur contains a large centre spread infographic entitled “How UK compares to European rivals”.
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.
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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