Another Word For Kpi

Meaning

KPI stands for "Key Performance Indicator." It is a measurable value that demonstrates how effectively an organization, team, or individual is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on the overall performance of the organization, while low-level KPIs may focus on departmental or individual processes.

Synonyms

• Performance Indicator
• Success Metric
• Performance Measure
• Business Metric

Antonyms

• Non-performance Metric
• Ineffectiveness Indicator
• Irrelevant Measure

Etymology

The term "Key Performance Indicator" is a compound phrase where "Key" refers to something of crucial importance, "Performance" relates to how well a task is executed, and "Indicator" signifies a sign or signal that shows the state or level of something. The term became popular in business management in the 1990s.

Examples

1. The marketing team established several KPIs to measure the effectiveness of their campaigns.
2. This quarter's KPIs show a significant improvement in customer satisfaction ratings.
3. It's essential to regularly review your KPIs to ensure alignment with your business goals.
4. The company's sales KPIs included targets for new customer acquisitions and overall revenue growth.
5. By analyzing KPIs, we can identify areas of improvement within our processes.