We all know that visual information display is more effective. But yet, we still create, run & analyze hundreds of thousands of flat reports. A survey from 2007 (CFO Executive Board) found that the average management report is 30-40 pages long and that it contains 12000 to 15000 data points. But only 5% of those are deemed to be important. The most obvious question that comes to mind is: How much time is wasted to go through this amount of data and turn this into real insights? Would it help to start using more powerful visuals to display the hidden meaning behind all those data?
Watch this inspiring and entertaining speech by author, journalist & visualization pioneer David McCandless. I will blog about some of his ideas and how they relate to business at a later point.