Book Review: Analyzing Business Data with Excel

In a time when managers and executives have to cope with a constant flood of business information, analysis and discrimination can be key. Yet what tools are readily available for the task? Do we really need expensive tools and a team of analysts to do the work every time?
Gerald Knight, author of “Analyzing Business Data with Excel” (O’Reilly,US $39.99) believes that we under use one of the most commonly available tools. “For years I have worked with bright, well educated professionals,” says Knight. “They use Excel every day and in most cases it is the tool they use most. Yet they don’t know about many of Excel’s more advanced feature and don’t realize how much more they could do with Excel. Many of these Excel users want to learn more.”
As one of the most widely used desktop applications ever created, Excel
is familiar to just about everyone with a computer and a keyboard. Yet,
as Knight says, most of us don’t know the full extent of what Excel can
do. The truth is that there are many ways Excel can help make the job
easier–beyond calculating sums and averages in a standard spreadsheet.
Spreadsheets offer a convenient way to package and present information,
allowing decision-makers to choose how they want to see the data.
“Analyzing Business Data with Excel” shows you how to solve real-world
business problems by taking Excel’s data analysis features to their
maximum potential. Rather than focusing on individual Excel functions
and features, this book keys directly on the needs of business users. It
covers techniques for making the most of Excel and a variety of ways to
apply Excel’s statistical and programming capabilities to specific kinds
of business problems.