A KPI (Key Performance Indicator) is a measurable value used to evaluate the success of an individual, team, or organization in meeting specific business objectives.
- What is a KPI (Key Performance Indicator)?
Answer: It is a measurable value evaluating success in meeting objectives. - What are examples of KPIs?
Answer: Examples include sales targets, customer satisfaction scores, and turnover rates. - What are the benefits?
Answer: They provide focus, track progress, and guide improvements. - How are KPIs set?
Answer: They are set based on goals, industry standards, and data analysis. - What role does HR play?
Answer: HR aligns KPIs with employee performance and monitors outcomes.
