Key Performance Indicators
Measure your performance against key business objectives.
KPI stands for key performance indicators.
Every business or industry needs to evaluate its success at reaching targets and track whether it has accomplished its goals and objectives. A key performance is a measurable value that demonstrates just this. Each KPI has its own set of measurement criteria it must meet which will determine an accomplishment or a failure. Key performance indicators will also vary from industry to industry or business to business.
It is also very easy to get drowned in too much information and this may result in you not being able to identify the correct path forward to follow, it is therefore vital that a business has a set strategy and has a full understanding of its goals and objectives to achieve and exceed targets and expectations.