Health Indicators in Action (Examples of Indicator Projects) - Module 4
For most of the 21st century, housing and real estate have been leading economic indicators. There are several metrics used to measure housing growth including theS&P/Case-Shiller Index, which measures house sale prices, and theNAHB/Wells Fargo Housing Market Index, which is a survey of home b...
Measure the quantifiable components of your strategic goals and objectives. Measure the most important leading indicators and lagging measures in your organization. The Five Elements of a KPI These are the heartbeat of your performance management process and must work well! Your plan’s strategic KPI...
KPIs focus mostly on the lag indicators. OKR is a strategic framework. OKRs has a larger vision of what the organization wants to achieve, whereas KPIs always aim to measure a certain metric. Examples of OKR and KPI: OKR: Objective: Increase market share Key Result #1: Increase sales by...
Dear Andy: OKRs for Hospitals and Health Management How to use OKRs with Risk Management Dear Andy: How to Address Resistance to OKRs within Your Team Dear Andy: How to Assign OKR Ownership Four Types of Business Organizational Structures What is the Balanced Scorecard Framework? Dear ...
Leading/lagging KPIs describe the nature of the data being analyzed and whether it is signaling something to come or something that has already occurred. Leading KPIs indicate a change that is coming in the future. Lagging KPIs indicate a change that has already happened. ...
Growth-relatedkey performance indicatorsare important for any business, but they’re especially vital for startups. Use short and long-term metrics to monitor your business’ day-to-day health and overall viability. 1. Activation Rate What is it:How many users reach an important milestone ...
Select KPIs that matter most:To be sure you’re measuring what matters, you should include a balance of leading and lagging indicators. Lagging indicators help you understand results over a period of time such as sales over the last 30 days. Leading indicators help you predict what might happe...
Choose a mix of leading (predictive) and lagging (historical) indicators for a comprehensive view of performance. Regularly review and adjust your metrics to reflect changes in the market or business environment. 10. Retention strategy Including a retention (or repeat customer) strategy in your mark...
Health and safety reports. Both the HR dashboard and the HR report have their place in an HR strategy, allowing for high-level monitoring (dashboards) and detailed evaluation (reports). For example, an HR dashboard might display a real-time view of employee turnover trends using an interac...