Data and Business Intelligence Glossary Terms
Run Chart
A Run Chart is a simple graph that helps businesses keep an eye on how a process changes over time. Imagine marking your height on a doorframe as you grow—it’s a straightforward way to see change. In the same way, a Run Chart has a line that tracks the value of a particular variable, like sales numbers or production quality, day after day or week after week. It shows trends, patterns, and can help identify if and when things start to go off track.
In business intelligence, Run Charts are super handy because they can highlight consistent performance or signal when there might be problems. They can show a company if the changes they made are improving things or not. For example, if a business launches a new marketing campaign, a Run Chart could show whether customer calls to the service center are going up as expected.
Run Charts are a popular tool because they’re easy to understand and can be put together without fancy software. They are a solid first step in spotting trends and cycles in a process, which is critical for making informed decisions and driving continuous improvement in any business.
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