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Sunday, March 24, 2019

An Indicator

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An Indicator

“A lagging indicator is something that tells you what is going to happen after it already happened.”
―  Coreen T. Sol CFA
Be careful about the tenets that will in the short term create “A Lagging Indicator.” Some of these byproducts can be seen as a firm’s internal measurements and that of reward systems that do not balance with the long-term profitability of the firm. The firm’s focus should be somewhat on that of “Study Sucess for Success Leaves Cities.” Leading indicators can be seen as tenets that;
* are leading rather than lagging indicators:
* are focused externally, where results matter and where revenues and profits are generated;
* can move our profession forward by focusing on the important measures, even if they aren’t easily quantifiable: and
* are valued by our customers, because that is where performance matters.
Source:
Measuring what matters: [want to know how successful your firm is? Take the customer’s point of view].. (n.d.) >The Free Library. (2014). Retrieved Aug 10 2018 from https://www.thefreelibrary.com/Measuring+what+matters%3a+%5bwant+to+know+how+successful+your+firm+is%3f…-a0107755417

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