Using Leading & Lagging KPIs Can Make The Difference In Driving Performance, By Allowing You To See Into The Future.
This is the second part of a mini series on Key Performance Indicators. If you haven’t already please read the first post of this series on KPIs.
KPIs are often used to measure the past performance of a process, but did you know that they can be used to see into the future and predict the performance of the organization?
KPIs can be used to measure past performance, or predict future performance. This is because there is a cause and effect relationship between leading and lagging KPIs. When a process is measured, it will in turn effect another process which is also being measured, providing insight to future performance. [Read more…]