Ever heard the term ‘Lag time’?
How about ‘Lead time’?
A lag measure informs you of whether you’ve achieved a goal.
A lead measure let’s you know in advance the likelihood of achieving a goal.
Check this out…
“Let’s drill down into the distinction between lag and lead measures. A lag measure is the measurement of a result you are trying to achieve. We call them lag measures because by the time you get the data the result has already happened; they are always lagging.
Lead measures are different; they foretell the result. They have two primary characteristics.
First, a lead measure is predictive, meaning that if the lead measure changes, you can predict that the lag measure also will change. Second, a lead measure is influenceable; it can be directly influenced ...” (CHRIS MCCHESNEY, SEAN COVEY, JIM HULING)
A two – fold question for you here is…
1. What is one of your lag measures?
2. What are one of your lead measures?