Business Visualisation#
Turning Boring Numbers into Boardroom Applause 👏
“The difference between a scientist and a data storyteller? One shows accuracy = 0.91. The other says ‘We improved customer retention by 9%.’ 🎯”
Welcome to Business Visualisation — where we turn your ML metrics, KPIs, and model results into visuals that executives actually read (and maybe even understand).
🎬 Business Hook: “The Dashboard Dilemma”#
You’ve built a model predicting customer churn. The results are in — precision: 0.84, recall: 0.77, F1: 0.80.
You proudly present it in a meeting. Your CEO squints and asks:
“So… should I panic or celebrate?” 😅
That’s when you realize — data storytelling is as important as model accuracy.
🎯 Why Visualisation Matters in Business#
Bad Visualization |
Better Visualization |
|---|---|
“Here’s a table of metrics.” |
“Here’s how our new model increased retention by 12%.” |
“These are the confusion matrix numbers.” |
“Look — we’re catching 90% of churners now!” |
“Here’s RMSE.” |
“We reduced forecast error from \(300K to \)120K.” |
🧠 Remember: People remember visuals, not equations.
🧩 Common Business Visuals#
Purpose |
Visualization |
Python Tool |
|---|---|---|
KPI Overview |
Gauge chart / bar plot |
Plotly / Matplotlib |
Error Distribution |
Histogram |
Seaborn |
Model Comparison |
Bar / grouped bar |
Plotly Express |
Correlation Insight |
Heatmap |
Seaborn |
Forecast Trend |
Line chart |
Matplotlib |
Categorical Insights |
Pie / donut chart |
Plotly |
⚙️ Example: Model Performance Dashboard#
import matplotlib.pyplot as plt
import seaborn as sns
import pandas as pd
# Simulated results
data = {
'Model': ['Baseline', 'Logistic Regression', 'Random Forest', 'XGBoost'],
'Accuracy': [0.78, 0.84, 0.88, 0.91],
'F1': [0.74, 0.80, 0.86, 0.89]
}
df = pd.DataFrame(data)
plt.figure(figsize=(8,5))
sns.barplot(x='Model', y='F1', data=df, palette='Blues_d')
plt.title('Model Comparison – F1 Scores')
plt.ylabel('F1-Score')
plt.xlabel('')
plt.show()
💬 “Notice how much cooler your model looks with a bar chart? Instant executive approval.”
📈 Visualizing KPIs for Stakeholders#
Let’s say your churn model improved retention by 9%. That means real business value, not just better metrics.
import plotly.express as px
kpi = pd.DataFrame({
'Metric': ['Retention Before', 'Retention After'],
'Value': [76, 85]
})
fig = px.bar(kpi, x='Metric', y='Value', text='Value', color='Metric', title="Customer Retention Improvement")
fig.update_traces(texttemplate='%{text}%', textposition='outside')
fig.show()
📊 Pro tip: Add words like “improved”, “optimized”, or “reduced cost” to your chart titles. They turn data into ROI. 💸
💡 Pro Tip: Use Color With Intention#
Color |
Use For |
Emotion |
|---|---|---|
🟢 Green |
Growth, success |
Confidence |
🔴 Red |
Loss, error |
Warning |
🟡 Yellow |
Neutral, caution |
Attention |
🔵 Blue |
Trust, performance |
Calm clarity |
💬 “If everything is red in your dashboard, people will assume the apocalypse.” 😬
🧠 The “One Slide Rule”#
If your dashboard can’t fit on one slide and make sense to your boss, it’s not a business visualization — it’s a science project.
✅ Highlight business KPIs, not every variable. ✅ Use clear labels and short headlines. ✅ Include context: “This metric improved by 12% after campaign launch.”
📊 Real-World Example: Sales Forecast Comparison#
Model |
RMSE |
R² |
Business Takeaway |
|---|---|---|---|
Linear Regression |
210 |
0.78 |
Underpredicts during holidays |
Random Forest |
150 |
0.91 |
Best for short-term forecasting |
Prophet |
180 |
0.88 |
Handles seasonality well |
Now visualize:
fig = px.bar(df, x='Model', y='Accuracy', text='Accuracy', color='Model',
title='Model Accuracy Comparison')
fig.update_traces(texttemplate='%{text:.2f}', textposition='outside')
fig.show()
💬 “Bar charts don’t just show models — they show off your hard work.” 😎
🧪 Practice Lab – “Make It Shine!” ✨#
Dataset: model_performance.csv
Create three charts:
Model comparison bar chart
Error distribution histogram
KPI summary dashboard
Add business annotations like:
“Reduced churn by 9%”
“Forecast error down 25%”
Export the dashboard as HTML or screenshot for executive review.
🎯 Bonus Challenge: Use Plotly to make it interactive! Add filters for regions, product categories, or models.
🧭 Recap#
Concept |
Business Purpose |
Tool |
|---|---|---|
KPI Visuals |
Communicate performance wins |
Plotly, Matplotlib |
Error Analysis |
Show model weaknesses |
Seaborn |
Model Comparison |
Pick best performers |
Plotly |
Executive Dashboards |
Turn data into action |
Streamlit / Dash |
💬 Final Thought#
“Your model’s accuracy may get you respect. Your visuals get you funding.” 💰
🔜 Next Up#
👉 Head to Metric Dashboard (metrics_lab) where we’ll build an interactive metrics dashboard — complete with live model updates, KPI cards, and plots that make your team go:
“Wait, did we really build this?!” 😍
# Your code here