Asked by Joshua Freeman on Jun 03, 2024
Verified
A measure map is different from a strategy map because it shows which metrics are leading indicators and which metrics are lagging indicators.
Measure Map
A visual tool used in process improvement to document, analyze, and communicate steps, decisions, and metrics involved in a process.
Strategy Map
A visual tool used in strategic planning to communicate the primary strategic objectives to be achieved by an organization.
Leading Indicators
Early signs or metrics that foretell future economic or financial performance, providing insight into potential trends.
- Understand the employment of leading and lagging indicators within performance evaluation and strategic enactment.
Verified Answer
ZK
Zybrea KnightJun 07, 2024
Final Answer :
True
Explanation :
A measure map specifically categorizes metrics into leading and lagging indicators, helping to understand the cause-and-effect relationships, whereas a strategy map outlines the strategic objectives across different perspectives without necessarily distinguishing between types of indicators.
Learning Objectives
- Understand the employment of leading and lagging indicators within performance evaluation and strategic enactment.