Lagging vs Leading Indicators: What’s important for business growth?
Leading indicators and lagging indicators – while both provide important information used to make long-term growth business decisions, each is saddled with benefits and detriments. Lagging indicators are things that have already happened, and leading indicators are things that will happen in the future. Herein lies some issues. Things that have happened in the past can sometimes be good indicators of what will happen in the future, but not always. Think about a roulette table. As you play roulette, the table displays [...]