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I recently read about what a “bullet graph” is all about and I really liked what it conveys in a concise graphical manner. This type of graph is slowly finding its way onto corporate dashboards as a replacement of infamous gauges. Gauge takes up a lot of space, provides very little information, and guess what, takes practice to read. Shouldn’t graphs be intuitive to read and interpret. Bullet graphs help to do just that. Take a look at the graph that I have created below and try to understand what it is trying to convey. Remember, it is for dashboard purposes.

You can download the excel file here to play around with the chart and make your own variations. Another website to get a much better detailed version of the template here.