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Construction Owners Association of Alberta Leading Indicator Best Practice In the fall of 2003 a discussion took place at the monthly COAL Safety Committee Meeting regarding the need to have common,
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Start by identifying the key performance indicators (KPIs) that are most relevant to your business or industry.
02
Set specific targets or benchmarks for each leading indicator based on your goals and objectives.
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Collect data on a regular basis to measure the performance of your leading indicators.
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Analyze the data to identify any trends or patterns that may indicate areas for improvement.
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Take action based on the insights gained from analyzing the data, such as adjusting strategies or implementing new initiatives.
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Continuously monitor and review the performance of your leading indicators to ensure they remain effective and aligned with your business goals.

Who needs leading indicator best practice?

01
Any business or organization that wants to improve its performance and stay ahead of the competition can benefit from leading indicator best practices.
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Leaders and managers who are responsible for driving business growth and achieving key objectives can use leading indicators to track progress and make informed decisions.
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Individuals or teams within an organization who are accountable for specific performance metrics can also benefit from using leading indicators to measure and improve their performance.
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Leading indicator best practices are proactive measures that help organizations anticipate and prevent workplace incidents before they occur.
All organizations, particularly those in high-risk industries, are encouraged to implement leading indicator best practices.
Leading indicator best practices can be filled out by collecting relevant data, analyzing trends, and implementing proactive safety measures.
The purpose of leading indicator best practices is to improve safety performance, reduce workplace incidents, and enhance overall organizational safety culture.
Information such as near-misses, safety training completion rates, and safety inspection findings should be reported on leading indicator best practices.
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