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Leading & Lagging KPIs, What Is The Difference?

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Content Description
Original date: 
Wednesday, May 9, 2018
Abstract: 
KPIs are often used to measure the past performance of a process, but did you know that they can be used to see into the future and predict the performance of the organization?KPIs can be used to measure past performance, or predict future performance. This is because there is a cause and effect relationship between leading and lagging KPIs. When a process is measured, it will in turn effect another process which is also being measured, providing insight to future performance.When Leading and Lagging KPIs are properly understood it provides unique insights to where the performance of the organization is going.
BoK Content Source: 
Practitioner Produced
BoK Content Type: 
Whitepaper
Asset Management Framework Subject: 
03 Lifecycle Delivery, 3.05 Maintenance Delivery
Maintenance Management Framework Subject: 
00 Maintenance Management - General, 10 Continuous Improvement, 10.1 Metrics / KPIs, 10.3 Maintenance Management Improvements, 10.4 Maintenance Practices Improvements, 10.5 Asset Reliability Improvements
Author Title: 
Principal Instructor
Author Employer: 
Eruditio
Author Bio: 

<p>James Kovacevic is a passionate and driven Asset Management Professional who is based in Windsor, Ontario, Canada. Throughout the span of over a decade, he has gained extensive hands-on expertise in all things maintenance, reliability, and asset management. Currently, James serves as Principal Instructor at Eruditio. Previously, he founded HP Reliability, where he is infinitely dedicated to helping manufacturers attain maximum profitability, all while ensuring quality jobs and thriving communities. Ultimately, he consistently strives to revolutionize and streamline the industry in every way possible. James is also the Host of the Rooted In Reliability Podcast. Prior to his present ventures, James held various leadership roles, including the Asset Care Manager of Diageo, Maintenance Manager of RS Technologies, the Maintenance Supervisor of Global Composite Manufacturing, and numerous more. As an avid student of life, James makes it a point to always learn new things and hone his skills. He even assists other professionals in improving their skill sets through strategic mentorship. Furthermore, James Kovacevic holds a multitude of certifications, including Certified Maintenance &amp; Reliability Professional (CMRP), Maintenance Management Professional (MMP), and Certified Asset Management Assessor (CAMA). He also studied business and commerce in-depth at St. Clair College.</p>