The Dashboard Effect
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The Dashboard Effect Podcast: Simplifying Data for Smarter Business Decisions
Welcome to The Dashboard Effect, the go-to podcast for mid-market businesses and private equity-backed companies looking to harness the power of data.
Hosted by Brick Thompson from Blue Margin, we demystify data analytics and business intelligence, offering practical insights and actionable strategies that drive accountability, performance, and growth.
From breaking down complex data concepts to sharing real-world success stories, we cover topics like Power BI, data lakes, dashboards, automation, and the latest trends shaping the future of business intelligence. Whether you're a CEO, operator, or BI professional, we’ll help you unlock the potential of your data for smarter, faster decisions.
Tune in to The Dashboard Effect and discover how the right data, at the right time, can transform your business.
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Learn More: BlueMargin.com
The Dashboard Effect
The Pitfalls of Augmenting Transactional Data with Excel for Reporting
In the latest episode of The Dashboard Effect Podcast, Brick and Caleb discuss a common challenge businesses face when trying to extend their data for reporting purposes using Excel files to categorize or group data in ways not supported by the original system.
While this approach may seem simple and straightforward, it can lead to several problems down the road, such as:
- Difficulty matching numbers between the transactional system and the reporting tool (e.g., Power BI)
- Inconsistencies in categorization when new data is added
- Maintenance overhead and potential for errors as the Excel file grows
The golden rule, as emphasized in the podcast, is to handle as much data categorization and grouping as possible within your transactional systems. While it may seem like a pain to make updates there, it will save you time and headaches in the long run.
Watch the full Youtube episode.
Blue Margin increases enterprise value for PE-backed, mid-market companies by serving as their fractional data team. We advise on, build, and manage data platforms. Our strategy, proven with over 300 companies to-date, expands multiples through data transformation, as presented in our book, The Dashboard Effect.
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