Focus on leading over lagging indicators.
Key Takeaways:
- People tend to focus on lagging indicators (e.g., lose 20 pounds) rather than focusing on the leading indicators (e.g., run 5 times a week).
- Leading indicators are often overlooked yet are the most important when pursuing your goals.
- Learn to love your leading indicators (e.g., if running 5 times a week is your leading indicator, learn to appreciate and enjoy each run you take).
- Track both leading and lagging indicators but never compromise on your leading indicators.
- Your mentor (e.g., accountability coach) should always hold you accountable to your leading indicators.
- Leading indicators should be concrete and measurable. Lagging indicators can be ambitious, aspiration and long-lived (e.g., multiple weeks/months/quarters/years).
Further Research:
- OKRs (Objective and Key Results) are helpful when looking to separate leading from lagging indicators (similar to separating Objectives from Key Results).