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SLW#039: Excel Guide For Business Professionals

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I'm thrilled that my dedication to sharing Excel tips is finally recognized! Made it to the 'Favikon Top 200 Linkedin Creators' list for the first time! I'm honored to be:

#1 Excel and Productivity Hong Kong

#15 LinkedIn Hong Kong

Thanks for your support! I'll keep sharing my best knowledge with you all!

This week, I've posted an Excel guide for business professionals on LinkedIn. This simple guide demonstrates how I put Excel and real-world business analysis together.

I've developed a "PrACTice" framework, helping you structure your business analytics problems and resolve them by using selected Excel functions and features.

 

"PrACTice" Framework for business analysis

 

STEP 1: Purpose

Goal: Build a strong mindset to identify problems and opportunities.

First, we'll build a strong foundation by recognizing how crucial clarity is in your Excel projects. This ensures you're on the right track.

STEP 2: Right Data

Goal: Build strong foundation on data structure and business data cleansing

Next, we'll learn about 40+ logical, lookup and text functions for business data structuring and cleansing.

STEP 3A: Analyze numbers with formula

Goal: Spotlight findings and insights with formula.

Then, we'll learn 30+ date, math and statistic functions for business data analysis, helping us identify insights for informed actions.

STEP 3B: Conditional Formatting

Goal: Spotlight findings and insights with conditional formatting.

Besides functions, we'll also explore conditional formatting. This will help us learn how to highlight, format, and visualize findings effectively using conditional formatting. 

STEP 3C: Trends and Charts

Goal: Spotlight findings and insights with charts.

But there's more to it. We'll also get into creating dynamic charts, to uncover trends and insights.

STEP 4: Identify Root-Cause (PivotTable)

Goal: Able to drill down root cause by using PivotTable and MGT tools. 

Once we complete Step 3 on analyzing numbers, we'll dive into the world of PivotTables and management tools. We'll use these tools to drill down into the data and uncover the root causes that drive our actions.

STEP 5: Create Solutions

Goal: Well prepare and communicate the findings and insights to stakeholders.

Now, based on the root cause, it's time to create solutions. In this step, you'll learn how to craft actionable solutions by setting goals, organizing your projects, and communicating effectively.

STEP 6: Evaluation (Measure, Review, and Adjust)

Goal: Monitoring on-going performance through effective business dashboard.

Finally, we'll wrap it up by diving into creating a Pivot Dashboard to monitor the performance of your solutions. In this step, we'll cover the foundation and concepts of dashboards and delve into Pivot Charts.

If you miss my carasel post on LinkedIn, you can download my carousel guide here:

Excel Guide For Business Professionals

Enjoy the guide, I'll see you next week.

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