Every day we glean insights from signals that show when a change is coming or we need to take action.
The smoke alarm goes off when you’re cooking, alerting you to turn down the burner. Your engine starts making a funny noise weeks before your car breaks down. That old injury starts to ache just before a storm front moves in.
In quality and manufacturing, we call these leading indicators, or measures that predict performance outputs. For aerospace suppliers in particular, mastery of leading indicators can help build a competitive advantage in an industry where many companies compete for the business of relatively few OEMs.
Getting to mastery, however, requires a solid understanding of how leading indicators work and how to effectively track them.