Monday, September 17, 2007

2 x 2 Charts for Vendors, Pipeline and Time Management

A 2x2 chart is an xy graph which is divided into 4 quadrants. Usually data points in the upper right quadrant are designated "good", while the others are some variant of "bad". Here's an example: The Gartner Magic Quadrant (from MediaProducts.gartner.com)
This is actually a useful view for certain Information Dashboard requirements. For example - it can be a useful way to look at the sales pipeline. Instead of just looking at probability of close, or dollar value, you can see both for each prospect. Those in the upper right deserve more focus than those in the lower left.

Stephen Covey used one of these charts many years ago in his time management system (see it here), arraying urgent tasks against important tasks. In this case, the idea was to make time for important non-urgent tasks. What a fabulous idea for all of us to be frequently reminded of...

Information Dashboard Success

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