CASEy can suggest leading indicators for a strategic challenge/objective. Leading indicators are faster moving signals that a challenge is being solved and that progress is likely heading in the right direction. Clicking on the heyCASEy stars when editing a challenge opens the heyCASEy panel with a list of suggestions.
Video Transcript
CASEy helps companies succeed by creating clear visions and strategies.
This video will show how to find leading indicators of progress for strategic challenges using CASEy at HeyCASEY.io.
CASEy implements the Continuous Adaptive Strategy Execution method, or CASE for short.
CASE is a dynamic method to align strategy within companies and achieve results.
After you have defined a clear vision and challenges, it's time to establish leading success indicators that measure progress.
Decide what to measure and set targets now, then continuously measure to track progress and adapt your approach accordingly.
What's the difference between an outcome measure (OKR) and an Indicator?
Indicators are faster-moving measures of progress.
Outcome measures are long-term and move too slowly to adapt strategy.
Indicators track incremental progress and prove that delivered work had an impact.
The goal is to have a few leading indicators for each challenge to guide your company on what ideas to deliver next.
Let's create some indicators for a challenge together.
Leading indicators are part of strategic challenges.
Here is one we created earlier, and the outcome we chose.
Each challenge can track up to three leading indicators.
They include a measurement, a target value, and a target date.
To ask for ideas, click on the Star icon in the top-right of the Indicators canvas.
I not only suggest a variety of measures and target values, but I also give the reasoning on how this measure relates to the longer-term outcome target.
Discuss my suggestions and click on the Accept Suggestion icon if any are close.
Or, create them yourself by typing in one of the indicator text boxes.
Whatever you choose to measure, decide on a target value and date that suits your company, product, or service context.
Just make sure that the target date for these indicators is earlier than the target date for the outcome.
To update the value of these measures at any time, click on the Update Measures button on a strategic challenge card.
You can see the graphs by expanding this card view.
And that's it, you'll have a set of leading indicators.
These will help you make prioritization decisions about ideas in the future, but that's for another video.
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