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Charts and exhibits8 min read

The exhibit routine

Thirty seconds of discipline before you say anything about a chart.

  1. 1

    Read the title and axes aloud

    Including units and the time period. Half of all exhibit errors are unit errors caught by this one step.

  2. 2

    Say what kind of comparison it enables

    Over time? Against competitors? Across segments? This tells you what question it was given to you to answer.

  3. 3

    Find the one thing that stands out

    The outlier, the crossover, the divergence. Exhibits in cases always contain a deliberate signal.

  4. 4

    Quantify it

    Not 'costs rose a lot' but 'raw materials went from 34% to 45% of COGS: eleven points in three years.'

  5. 5

    Link it to the case objective

    'Which matters because it explains most of the margin gap we're trying to close.'