What are some common examples of lagging indicators
Common examples of lagging indicators include:
- **Profit**: Reflects competitive activity and customer satisfaction.
- **Revenue**: Indicates the income generated over a specific period.
- **Customer Renewal Rates**: Measures the percentage of customers who renew subscriptions.
- **Expenses**: Higher costs may signal productivity issues.
- **Customer Churn Rate**: The percentage of customers who stop using a service.
- **Mean Time to Resolution**: Average time taken to resolve customer issues.
- **Annual Recurring Revenue (ARR)**: Total revenue generated annually from subscriptions.
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