What type of performance is highlighted by lag measures?

Lag measures are focused on assessing past performance and the outcomes that have already occurred. These measures provide insight into what has transpired as a result of previous actions and decisions, reflecting the effectiveness of strategies and efforts after the fact. For instance, metrics such as quarterly sales figures or annual profit margins fall into this category—they indicate results that can only be evaluated once certain time periods have concluded.

This focus on historical performance contrasts with other types of measures. Real-time performance emphasizes ongoing activities and current metrics, while future potential relates to aspects like forecasts and projections that suggest what might happen later. Predictive trends typically involve analyses and indicators that suggest future outcomes based on current data. Lag measures, by analyzing finished results, are critical for understanding the effectiveness of past actions and guiding future decisions based on that historical context.