How to create special KPI's and Dashboards that will help you execute better.
Chapter 8 From Rhythm!
Use Leading Indicators for Great Execution
Leading indicators are special KPIs that will help your team know if your plan is off track and alert them to make critical adjustments before it is too late. Most companies look at results indicators. Results indicators are good and necessary. But, they only tell you the story of what has already happened. For great execution, you also need to be able to predict if your plan is off track while you still have time to fix it.
Chapter 8 from the critically acclaimed book by Patrick Thean, Rhythm: How to Achieve Breakthrough Execution and Accelerate Growth, will teach you a four step process to developing leading indicators:
Identify the problem. What business problem are we trying to solve?
Clarify the desired result. How do we measure the desired result?
Dig deeper with questions. How do we get the results we want?