Key Performance Metrics, also known as Key Performance Indicators (KPI), enable your company to measure performance in relation to strategic goals and business targets.
KPI are a set of quantifiable criteria that a company will use to track and benchmark its performance against own metrics, the metrics of peers and industry, at any given point of time or over a certain period.
These metrics depend on your company’s current objectives and may change over time as your business evolves.
Key performance metrics vary between companies and industries, depending on their priorities or performance criteria. There are two types of key metrics:
Key performance metrics enable your company to:
Key performance metrics are important for an event tomorrow, as they help: