KPIs (Key Performance Indicators)

Key Performance Indicators (KPIs) are measurable values that help organizations assess their success in achieving specific objectives. Think of them as essential metrics that provide insights into performance and progress. For example, a business might track sales growth or customer satisfaction as KPIs. By monitoring these indicators regularly, organizations can make informed decisions, identify areas for improvement, and ensure they are on track to meet their goals. In essence, KPIs serve as a roadmap for performance evaluation and strategic planning.