Most business track key performance indicators in their businesses to determine their success. These are usually results of past work such as: total sales volume, EBITDA, bottom line, number of products produced, customer satisfaction ratings etc. These are all Lag Indicators.
In order to improve results, and execute goals, it is highly beneficial to establish Lead Indicators. Lead Indicators are daily and weekly habits, actions, and activities that if done consistently lead to the desired results. Hear more about this episode.