Resource Allocation in Companies
Scenario: A company may use a Sunburst Chart to depict departmental budget allocations. The core circle represents the total budget, with each subsequent ring showing subdivisions for departments, teams, and projects.
Data: Total Budget ($1,000,000), Sales Department ($300,000), Marketing Department ($200,000), R&D ($250,000), HR ($100,000), IT ($150,000)
Description
Data Overview
In 2023, the total budget of the company is $1,000,000. The specific allocation is as follows:
- Sales Department:$300,000
- Marketing Department:$200,000
- R&D:$250,000
- HR:$100,000
- IT:$150,000
Sunburst Chart Description
A Sunburst Chart is used to illustrate the departmental budget allocation. The core circle represents the total budget of $1,000,000. The first ring divides the budget into different departments:
- Sales Department: Occupies 30% of the total budget, allocated $300,000. This department usually has a large budget as it directly generates revenue. The funds are mainly used for market research, customer acquisition, and sales team operations.
- Marketing Department: Takes up 20% of the total budget, amounting to $200,000. This covers advertising, brand promotion, and marketing campaign costs aimed at enhancing brand awareness and market competitiveness.
- R&D Department: Accounts for 25% of the total budget, receiving $250,000. As the core of corporate innovation, the R&D Department uses these funds for new product development, technology research, and innovation to ensure the company remains competitive in the market.
- HR Department:Allocated 10% of the total budget, or $100,000. This covers recruitment, employee training and development, and benefits expenses to attract and retain talent.
- IT Department:Receives 15% of the total budget, totaling $150,000. This is used for maintaining and upgrading the company's information systems, ensuring data security and efficient operations.
Each department's segment size in the Sunburst Chart visually reflects its budget share. The Sales Department has the largest segment, followed by the R&D and IT Departments, with the Marketing and HR Departments having relatively smaller segments. The Sunburst Chart provides a clear and intuitive way to see the company's focus areas and resource distribution strategy.