Key Performance Indicators (KPIs)

Key Performance Indicators (KPIs) are measurable values that help organizations track their progress toward specific goals. Think of them as scorecards; they provide insights into how well a business or project is performing. For example, a company might use KPIs like sales growth, customer satisfaction, or website traffic to gauge success. By focusing on these indicators, leaders can make informed decisions to improve operations, enhance performance, and achieve strategic objectives. Essentially, KPIs turn complex performance data into understandable and actionable information.