What Are Kpis? Defining Key Efficiency Indicators 2024
Key efficiency indicators (KPIs) gauge a company’s output towards a set of targets, objectives, or trade friends. But this does mean you’ll need to continually verify that these activities are contributing to good performance, by way of some kind of qualitative evaluation. Sometimes we can’t measure the factor we want to measure, so we measure a KPI we expect is said – we name this a proxy measure. This is usually the case once we want to track a lagging indicator, but this isn’t attainable, so we use a quantity one indicator as an alternative. Whereas a leading indicator is …