Previous Section: 2.4.1 - Action Tracking Types
Measures are essential for tracking quantitative progress over time. They provide a clear, data-driven way to understand how your objectives are advancing. You can track Measures using the following types:
-
Reach Target (most commonly used)
Ideal solution when you want to meet or exceed a value. You'll simply define an initial value (your starting point) and a target value (your desired end point). You can also specify a custom unit such as $, %, time...etc.
Example: The aim is to reach 10% by end of 2025. -
Stay Within Target
Ideal solution when “lower is better” for your Measure. The aim is to stay under a defined threshold, commonly used in budgeting, where lower values are better but the trend is not necessarily decreasing. Similarly to a “Reach” target, you will define an initial, target and unit.
Example: The operating costs will increase incrementally to $400,000 by end of the year but every month, we do not want to exceed monthly costs. -
Maintain Above
You set a lower target value that you wish to remain above. Any value above this threshold contributes to positive health.
Example: We've defined that any value greater than 75% will be On Track. -
Maintain Below
You define an upper target value that you want to stay beneath. Values below this threshold indicate healthy progress.
Example: We've defined that any value below 1 will be At Risk -
Maintain Between
You establish both a lower and an upper target value, aiming to keep your performance within this specified range.
Example: We've defined any value between 70-80% will be On Track, values outside will show At Risk
Unlike "Reach" or "Stay Within," maintain measures involve a healthy range of values rather than a single target. This means they show the actual value and a health status, but don't display a progress percentage.
Next Section: 2.4.2.1 - Measure Custom Targets and Expected Progress