Intro to dashboards
WolvesAndFinance
ZACH DE GREGORIO, CPA www.WolvesAndFinance.com
This video gives an introduction to dashboards. This is the story of the first dashboard. The story centers around Florence Nightingale (1820-1910). She is most famous as the founder of modern nursing. This is one of the great advancements in human history. Before Florence Nightingale, there were no nurses in hospitals. She standardized sanitary conditions and what it means to take care of patients. In the 1850s, there was a conflict called the Crimean War. This was a war on the Crimean peninsula in Ukraine between Russia and the West. Florence Nightingale volunteered to go help the British forces. When she arrived on the battlefield, she was horrified. The hospitals were overcrowded and had unsanitary conditions, to such an extent that ten times the number of soldiers died from preventable illnesses, than died from battle wounds. The first winter over 4,000 soldiers died. This was happening in the 1850s, around 75 years before women got the right to vote in England. Women also weren't allowed to go to college, so the only reason Florence Nightingale knew how to write and do math was because her father taught her. So Florence Nightingale is a woman in 1850 who has to go to Parliament and tell the men there how they should run the military. This is a very difficult situation. The way she did it was create the world's first dashboard. Florence Nightingale did not just create nursing, she was also a statistician, specifically in the area of visualizations. She is credited with popularizing the pie chart. She created a chart that showed the deaths from preventable illnesses and sent regular reports to Parliament. Her powerful visualizations showed how her reforms dramatically decreased deaths over time. Parliament got the message and sent the Sanitary Commission to clean up the hospitals and save thousands of lives. I tell this story to illustrate why we use dashboards. If you are an accountant or a financial analyst, you are surrounded by mounds of financial data. It is your job to communicate the story behind the numbers. Dashboards are a helpful tool to help you do that. In the case of Florence Nightingale, it even saved lives.
Neither Zach De Gregorio or Wolves and Finance Inc. shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice. ... https://www.youtube.com/watch?v=BxauwNilYy4
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