Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) are measurable values that organizations use to assess and track the success of specific business objectives or activities. KPIs help organizations evaluate their progress toward goals, identify areas for improvement, and ensure alignment with overall business strategies. For example, in HR, KPIs could include employee turnover rates, time to hire, employee engagement scores, or sales performance. KPIs are typically quantifiable, relevant to the organization’s goals, and regularly monitored to guide decision-making and improve performance over time.
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