Published Date : February 3, 2016
Key Performance Indicators: Definition, Types, Search Criteria, Visualization
A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. Companies use KPIs to evaluate their success at reaching their goals. Key Performance Indicators can be measured in different fields of your business from sales, marketing to financial and accounting departments. Each department has certain indicators that need to be measured and analyzed.“Measurement is the first step that leads to
control and eventually to improvement.
If you can’t measure something, you can’t understand it.
If you can’t understand it, you can’t control it.
If you can’t control it, you can’t improve it.” ― H. James Harrington