Leading & Lagging KPIs
Duration10'
No. of mini-lessons4
ResourcesTakeaway Tasks
Duration 10'
No. of mini-lessons 4
Resources Takeaway Tasks
Course overview
To stay ahead of the competition, your managers need to know how they can improve or change different areas of the business. They can do this by measuring progress toward business goals and objectives through key performance indicators (KPIs). However, to make them even more useful, KPIs can be further divided into 2 different types: leading and lagging.
By measuring progress through leading and lagging KPIs, your managers can begin to understand business conditions and trends. Additionally, the metrics can inform them if they’re on the right track to meeting business goals and objectives. It’s essential to use both leading and lagging KPIs in tandem to produce the most accurate picture of business performance.
What's covered
The differences between leading and lagging KPIs
Recognizing specific types of leading and lagging KPIs
How to use leading and lagging KPIs to reflect on current and future business events
Why your teams need this course
Monitoring leading and lagging KPIs helps your managers gain a competitive advantage and the ability to change actions if needed. In this sense, they assist in making strategic decisions and predict the future business growth.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
