Difference between revisions of "Key Performance Indicators"
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== Definition == | == Definition == | ||
| − | '''Key Performance Indicators''' | + | '''Key Performance Indicators''' (KPIs) are metrics that indicate the performance of a policy or action, such as tracking changes in targeted outcomes. They are usually metrics (measures) used within an entity / corporation as part of its internal management. |
| + | |||
| + | == Example == | ||
| + | * Measuring the performance of one department or process against another one with respect to revenues, sales lead conversion, costs, customer support, and so on. | ||
| + | * The quantity of wind power generated in a country may be used as an indicator for a production tax credit for wind power. | ||
| + | * Benchmark measurement based on objectives, targets and defined industry standards | ||
[[Category:Supply Chain Finance]] | [[Category:Supply Chain Finance]] | ||
[[Category:Business Recovery Strategy]] | [[Category:Business Recovery Strategy]] | ||
| + | [[Category:Management]] | ||
Latest revision as of 13:40, 27 October 2021
Definition
Key Performance Indicators (KPIs) are metrics that indicate the performance of a policy or action, such as tracking changes in targeted outcomes. They are usually metrics (measures) used within an entity / corporation as part of its internal management.
Example
- Measuring the performance of one department or process against another one with respect to revenues, sales lead conversion, costs, customer support, and so on.
- The quantity of wind power generated in a country may be used as an indicator for a production tax credit for wind power.
- Benchmark measurement based on objectives, targets and defined industry standards
