Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) are measurable values that help organizations assess their progress toward specific goals. They provide a clear way to evaluate performance and make informed decisions. KPIs can vary by industry and may include metrics like sales growth, customer satisfaction, or operational efficiency.
Organizations use KPIs to track success over time and identify areas for improvement. By setting specific, measurable, achievable, relevant, and time-bound SMART goals, businesses can align their strategies with desired outcomes. Regularly reviewing KPIs allows teams to adjust their efforts and stay focused on achieving their objectives.