KPI

(noun)

Key Performance Indicator; a tool to measure performance.

Related Terms

Examples of KPI in the following topics:

  • The Importance of Performance Targets

    • KPIs are usually understandable, meaningful, and measurable.

  • Moving to Flexible Work Schedules

    • Design key performance indicators (KPIs) for remote workers.
    • These KPIs can also be used to measure the effectiveness of in-office staff and maintain an equivalence among the distinct employee categories.

  • Balanced Scorecards

    • A balanced scorecard is a semi-standardized strategic management tool used to track, monitor, update, and improve key performance indicators (KPI) within an organization.