They define what actions are necessary to achieve your goals with measurable outcomes. Leading indicators are sometimes described as inputs. They are metrics that inform managers that they are on track to meet their enterprise goals and objectives. Leading and lagging indicators help enterprise leaders understand business conditions and trends. In the following article, we’ll discuss leading and lagging indicators: what they are and how to use them. Leading and lagging indicators are qualifiers that assess a business’s current state (lagging indicator) and predict future conditions (leading indicator), so companies can achieve accurate projections. However, behind every KPI is the implication that current conditions influence trends and inform predictions for future growth. In practice, KPIs measure how a company will strategically grow.
KPIs provide insight into business conditions like: Key performance indicators (KPIs) are values that measure your organization’s success at meeting its objectives.
