Key performance indicators (KPI)
Key performance indicators (KPI) refers to key Performance Indicators are quantifiable, specific measures of an organization’s performance in a certain area(s) of its business. . The purpose of KPI’s is to provide the company with quantifiable measurements of things it has determined are important to the organizational or business long-term goals and critical success factors . Once uncovered and properly analyzed, KPI’s can be used to understand and improve organizational performance and overall success. Also referred to as Key success indicators.
Category: HRM & Labor Studies
Previous: ← Key employee
Next: Key result areas →
More from this Section
- Staff leasing
Staff leasing is the practice of an employer directly hiring an employee on a temporary ... - Supervisory management development
Supervisory/management development refers to training provided to employees with the potential ... - Incentive pay plan
Incentive pay plan is a plan providing additional compensation intended to serve as an ... - Classification (Or Grading) Method Classes
Classification (Or Grading) Method Classes is a method for categorizing jobs into groups. Dividing ... - Job sampling
Job sampling refers to during the selection process, the term refers to the practice of ...