During my recent vacation, I planned a series of LinkedIn posts for the week. One of the posts covered the Waterfall Chart. It's straightforward, clear, and packed with valuable insights. This tool is a gem, particularly beneficial for finance and HR experts who analyze cash flow or turnover rates.

Let's talk about the Waterfall Chart – a data magician. It's like a storyteller for numbers, showing how they change over time.

Reading the chart is like following a story. Look at each step going up or down. The rising steps add, the falling steps subtract. The gaps show the changes. Follow the lines, see the tale unfold. It's like reading data in motion.

Why care? Because this chart doesn't just show numbers, it reveals secrets. It breaks down big changes into small steps. This helps you spot trends and surprises easily. It's like having a superpower for understanding data!

Applications in Finance:

• Cash Flow Analysis: Dive into your money world. See where cash comes from, where it heads. Get a map of your financial journey. Know when money rises, when it falls. With this, you can plan, you can see, you can decide better.

Applications in HR:

• Turnover Analysis: Step into your team's shoes. Know why some leave, why some stay. See patterns that aren't easy to spot. Learn when changes happen. This helps you build a happier, more stable team. It's like solving a puzzle for better work.

The amazing thing is extremely simple to create! Get a few key data points ready, then a few clicks – that's it!

Go watch Waterfall Chart tutorial, and Download practice file here.

That's all for this week.

See you next week. 

-----------------------------------

Whenever you're ready, this is the way I can help you:

• Digital course: Excel Analytics OS for business professionals