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lagging indicator


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Lagging indicator: Outcome-oriented metrics, such as incident rates or other measures of past performance. These measures of process safety management performance include outcome oriented lagging indicators (e.g. A combination of leading and lagging indicators is typically needed to provide a complete picture of process safety effectiveness. A traditional continuous improvement� based strategy uses lagging indicators to define historical performance and to help guide management system changes based upon the feedback. This model works well when a highly responsive link exists between a business process and one or more lagging indicators.

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