What does the term 'indicators' refer to in the context of cascading goals?

The term 'indicators' in the context of cascading goals refers to factors that suggest whether success has been achieved. This understanding is crucial because indicators are essential for monitoring performance and assessing progress towards objectives. They provide quantifiable evidence or signals that show if the goals set at various levels of an organization are being met.

In a cascading goals framework, indicators help translate high-level organizational objectives into actionable targets and measurable outcomes at different tiers of the organization. By focusing on these indicators, teams can evaluate performance regularly, making adjustments as necessary to stay aligned with overarching goals.

Indicators can take many forms, including both quantitative measurements (like key performance indicators) and qualitative assessments, thereby facilitating a comprehensive view of success across different facets of an organization's performance. This multifaceted approach enables organizations to use indicators as a means of driving continuous improvement and achieving strategic alignment throughout the organization.