The Strategy Workout: The 10 tried-and-tested steps that will build your strategic thinking skills by Bernard Ross & Clare Segal
Author:Bernard Ross & Clare Segal
Language: eng
Format: mobi
ISBN: 9781292084657
Publisher: Pearson Education Limited
Published: 2015-12-17T14:00:00+00:00
A lead indicator is what you measure to determine whether you are heading in the right direction to achieve the objective or outcome.
A lag indicator measures whether you have achieved the objective. The implication is that it will take some time – the cycle time lag – until the objective is achieved.
Look at the following example, related to the objective to lose eight kilos to look great on the beach in three months’ time.
Metric Purpose Weight example
Lead indicator To measure the early results that show you are heading in the right direction Reduce daily calorie intake to below 1,500 calories
Increase the number of workouts
Lag indicator To measure how successful you are being in achieving the objective This is normally a measure of the result:
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