This is because as PM.
Example of lagging kpi. They work with lagging indicators to create a number of metrics that are key performance indicators of future growth. Resources spent on one paying client. Leading KPIs are the benchmarks you track to change something.
Example of Logistics KPI. Lagging Indicators that you should track to determine performance within your sales organization are. Leading KPIs are those that you can act upon to make a difference in the outcome.
Leading indicators may be harder to measure but the offer valuable insight about the future. When you do your plans and look at setting up your KPIs dont just depend upon lagging KPIs. Leading and lagging indicators are two common KPIs.
When evaluating a companys processes the manager will use KPI data to assess whether to take measures to improve the performance and income of their business sector. Cost of a new client by each channel. In addition he can use the KPI to determine not only immediate changes putting out fires but also how to redesign the process creating a newer more efficient one by using.
An example of a lagging indicator is EBITA. Injury Frequency and Severity. One of those indicators was how much did the retreat cost.
For example in a clothing store many consumers find it difficult to find items that fit their given style and therefore require the constant attention of the staff. For example if you have a lagging KPI of a couple thousand dollars in sales revenue for a cycle of only 6 months you should define another leading indicator such as pipeline size to ensure you can actually achieve the desired lagging KPI. As an example a bakerys strategy map might list increasing cake sales.