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What are lag and lead measures and why should your business care?

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Описание к видео What are lag and lead measures and why should your business care?

Before I became a business consultant I spent 20 years working for business owners to help them build their businesses. I am a charted management accountant and ex-CFO, so spent a large amount of time being surrounded by data and metrics on how the businesses was tracking.

One thing I noticed over the years is that business are great at setting goals but are not so great at achieving them and this made me curious about why that is.

Most businesses have lots of lag measures and not many lead measures (if ay at all). I wanted to tell you how changing that can proactively impact your ability to achieve more of your business goals.

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