If you are looking for a stoplight chart template, you have come to the right place. This article will provide you with great template options such as these –
Example Template #1
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Example Template #2
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Example Template #3
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Continue reading to explore more spotlight chart templates.
Why Choose a Stoplight Chart Template
If you are planning to create your very own stoplight chart from scratch, hang on a minute before you start. There is nothing wrong in creating a template on your own. You might end up learning a thing or two about designing posters. But that will only apply if your job revolves around creating graphics and templates. You are most probably not a graphic designer. In that case, it does not make sense for you to embark on such a task.
Whether you are in the corporate field or government, chances are at some point you might have to make a presentation. Spotlight charts are handy in such situations. But you do not have to waste your time making them. Thanks to the internet, you can now surf online and find some amazing template options to download. Save your time and effort for the real important tasks which will propel your career forward. Leave the rest to this article. There are some great template options here.
What is a Stoplight Chart Template
In terms of meeting or business presentations, a spotlight chart is used to highlight or showcase risks in a venture, decision or outcome. For this purpose, the spotlight chart derives inspiration from the traffic lights. Similar to how quickly the traffic lights change, a spotlight chart is also meant to convey information as fast as possible. Viewers usually glance through spotlight charts to understand the gist of the presentation. This is made possible with the use of color-coding. Each color used on a spotlight chart reveals a particular risk status. Here are the colors and their meaning –
- Green – Everything is going according to plan. There is nothing to worry about. No perceivable obstacles or hindrances. Possible growth and progress predicted in the future. A successful strategy or decision executed as successfully. Not much vigilance or monitoring required.
- Yellow – Although processes are underway, there could be some problems down the road. Certain variables are still not defined clearly and could pose as an obstacle in the future. The possible problems will not result in a massive failure but could cause delays and inconvenience. Some vigilance and monitoring is necessary till all possible problems are sorted out.
- Red – Things can easily fall apart. Many problems have been detected. Immediate action and solutions are required. Project or assignment needs constant vigilance and monitoring. Anything can go wrong. Changes, updates or upgrades to the business strategy may be crucial. Steps need to be taken to mitigate losses.
What are the uses of a Stoplight Chart Template
A spotlight chart template allows the viewers to glance through the updates of a project quickly. It can be used for a variety of purposes and metrics. The three colors on the chart could symbolize or reflect many things. Here are a few examples –
- Output – You can reflect the output of a project or assignment by using the spotlight colors. In this context green could mean profitable output, yellow could signify break even output and red could imply losses in the output.
- Utilization – Similarly, the three colors could reflect how smoothly your business operations are running. Green could mean that all resources are being used efficiently with minimum wastage. Yellow could show that although production is in full swing, some steps could be implemented for better utilization of resources. Red could mean that the energy and resources used in production are wasting away and costing the company extra. If not curbed, this could lead to poor production and eventually impact sales.
- Input – The three colors could be used for hinting at the amount of money a particular project or assignment would require for execution. For example, green would symbolize enough money for a project to take off and prosper. Yellow would mean that a project is just under budget but depending on the plan of action some added expenditure may be incurred. Red could mean that there isn’t enough money to go through with the project. The amount will have to be financed by sacrificing funding from other departments.
There are many benefits of using a spotlight chart. To begin with, a spotlight chart is easy to read. The color coding ensures that a reader can go through the chart fast and efficiently. It also does not waste time by getting into details. Although most charts will include precise metrics for reference, simply looking at the color (green, yellow or red) can show you where you stand. A spotlight chart is also great at shifting the focus on concern areas. This way you can address them first and save time.
Look at these spotlight chart templates for a better understanding –
Example Template #4
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Example Template #5
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Example Template #6
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Characteristics of a Great Stoplight Chart Template
A spotlight chart can be used to reflect the risks or progress of any topic or metric. However, there are certain details which must appear on a spotlight chart. Otherwise, that chart would not qualify as a spotlight chart. Also, if you miss out on the key elements, the readers can end up confused. To make things easy and efficient, remember to put the following details on your spotlight chart –
Colors and Scale
This might seem like a no-brainer, but please do not forget to use the three spotlight colors on your chart. To revise things, the three spotlight colors are green, yellow and red. You should also mention a scale which defines the meaning behind the spotlight colors. Although these colors can be used to symbolize anything, each color has a specific connotation. As discussed earlier, green means good and working, yellow means working but needs attention and red means not good, not working and needs help.
What is your spotlight chart about? Does it concern a product, a decision or a business strategy? What is the most pressing matter related to the project? Is it the investment, marketing, sales or storage? You need to be very clear what the chart is about. So mention all this information clearly. You would also have to state numbers and statistics. It is advisable to do so with the use of proper tables, or better yet, with the help of graphs.
Apart from the three spotlight colors, you may also require some additional images or graphics. For example, arrow keys are very useful to indicate the status of your business. An upward arrow means growth and progress, a downward arrow means loss and danger and a diamond or rectangle arrow means barely surviving.
To make things clearer, please take a look at the templates shared below –
Example Template #7
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Example Template #8
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Example Template #9
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Best Design and Fonts for a Stoplight Chart Template
When it comes to the look of your spotlight chart, you should make it presentable. Such charts are shown to the clients or bosses during live meetings. You do not need to make it look too fancy, but some aesthetic value needs to be added. Follow these tips to make the appearance of your chart truly stand out –
Design and Color
- Information First – Before you begin to design your chart to look good, make sure that you have mentioned all the necessary data and information clearly. Do not forget, the main purpose of your spotlight chart is to express the risk factors involved in a project.
- Safe Background – The safest background option for a formal chart presentation is the white color. But you can still experiment a little with other colors if you have the time. Make sure that the colors complement each other and do not look jarring. Also, the colors you use should not distract readers from the important data.
- Images and Graphs – Alongside mentioning important data and metrics, you should also exhibit the same results through graphs. This will impress your clients or boss. To make the chart look good you can also use some imagery. But do not use too many. For example, the image of a traffic signal would go well with the theme.
Here are some more examples of spotlight charts for you to check out –
Example Template #10
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Example Template #11
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Example Template #12
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Text Font Style
The headers and titles of your chart can be a little fancy, but nothing too outrageous. Meanwhile, the important data on your chart should be written in a simple font style. The emphasis should always be on legibility. The boss or clients will be more impressed by your data and ideas than the look of your font.
Check out these great options for a spotlight chart template –
Example Template #13
Download Stoplight Chart Template #13 in JPG, PNG, PSD, and AI Format below:
Example Template #14
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Example Template #15
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Example Template #16
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Conclusion: Dos and Don’ts
Spotlight charts are a great away to reflect the status of risks and progress. They are a great way to review on-going projects and make necessary updates for a smooth long term sail.
To reiterate some important points, remember to “do” and “not do” the following –
Things to Do –
- Make your chart information heavy
- Make use of the three spotlight colors
Things Not to Do –
- Use fancy fonts which no one will understand