Kpi meaning: A Key Performance Indicator ( KPI )

A Key Performance Indicator ( KPI ) is a metric that signals how well a company is achieving important business goals. Here's how to set and track yours. Understand Key Performance Indicators ( KPIs ), how to define , measure KPIs , and use data-driven insights to improve business performance and achieve goals. What Is a Key Performance Indicator (KPI )? Key Performance Indicators ( KPIs ) are the critical, quantifiable measures of progress toward a desired result. They help organizations determine if their efforts are making an impact, allocate resources effectively, and focus improvements where they matter most. KPIs provide a solid foundation for strategic and operational decision-making. Typically, they balance leading indicators (which forecast future performance) with lagging indicators (which ... KPIs bridge the gap between objectives and actual business activities, enabling organizations to define goals and monitor progress effectively. Limitations of Key Performance Indicators ( KPI )