Sankey diagrams are a type of flowchart that are used to visualize the relationships between different sources and destinations. They are particularly useful for highlighting the flow of money or information across a network.
These diagrams can be created in various software such as Microsoft Excel, Tableau, or R. In this article, we will discuss how to create a simple Sankey diagram using a spreadsheet and how to read and interpret it.
Creating a Sankey diagram using a spreadsheet is relatively straightforward. Here are the steps to follow:
1. Create a two-dimensional chart:
– Start by opening a spreadsheet and creating a new chart. You can choose from a range of chart types such as line charts or bar charts.
2. Add labels and values:
– Use the data labels and color coding features to add labels and values to your chart.
– Make sure to use clear labels that are easy to read and understand.
3. Add a source: dests line:
– Use the line feature to draw connecting lines between different sources (i.e., the beginning of the flow) and destinations (i.e., the end of the flow).
– Ensure that the lines are connected and that each line represents a distinct source or destination.
4. Add data connections:
– Use the data feature to connect specific data points between the source and destination lines.
– Make sure that the connections are accurate and that each connection is clear and easy to understand.
Using a Sankey diagram can help business analysts identify the underlying flow of information or resources within a network. By highlighting the flow of data or money, business analysts can identify bottlenecks or areas for improvement.
Moreover, using a Sankey diagram allows business analysts to visualize the relationships between different elements of a network and can help them to better understand how things work together.
In conclusion, creating a Sankey diagram using a spreadsheet is a simple process, and once a diagram is created, it can be used in a wide range of applications, including business analysis, network analysis, and project planning.

SankeyMaster

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