What type of information does KPIs provide?

What type of information does KPIs provide ?

  • KPIs provide a way to measure how well companies, business units, projects or individuals are performing in relation to their strategic goals and objectives.

  • A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets.

  • Organizations use KPIs to evaluate their success at reaching targets. Each department will use different KPI types to measure success based on specific business goals and targets.

  • KPIs generally are an essential tool for measuring the success of your business and making the adjustments required to make it successful.