'KPI' Explained: Data Wins Every Time 📊

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Definition of KPI (Key Performance Indicator): A measurable number used to track success. These quantitative numbers or metrics can come from someone filling out a form, records and reports, customer feedback, production logs, analytics, and more.

Example #1: A construction project manager is keeping track of important KPIs like project milestones, resource utilization, and project financials in order to have a successful project.

Example #2: A car company setting KPI goals for its factories and vehicles to decrease emissions. The KPIs would then be tracked and reported on.

Sentence #1: "As part of the employee evaluation process, the HR department considers individual KPIs related to productivity, quality, and teamwork."

Sentence #2: "The marketing team's KPI for this quarter is to increase website traffic by 20%."

Your Turn! Use KPI in a real-world sentence below, and I'll verify or correct every single one! 👍😉

#allbusinessbasics #shorts #businesstips #businessskills #businesslearning #businessterm #definition #kpi

Definition of KPI. What does KPI mean? Use KPI in a sentence. Definition of Key Performance Indicator. What does Key Performance Indicator mean? Use Key Performance Indicator in a sentence. KPI explained. KPI meaning in English. KPI description.
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My goal for the next 6 months is to start an online business: 1) by establishing the website first, adding the products I need to focus on.

2) Learn how to effectively market my niche on different platforms to eventually build a stable but growing income.

Please tell me if this is good or how I can make it better. Thank you!

sherlytobias
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My KPI for this year is to switch my domain of work(web dev)
and get at least 1 certification in SAC and 1 in Data Analytics field.

mubashirkamran
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Try using KPI in a real-world sentence here! I'll verify or correct each one. 👍😀

allbusinessbasics
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I might be a bit late but hopefully l will get a response.

My KPI is:

Demonstrate the value of Advocacy and Regulatory intelligence towards an international device company.

munashelesley
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How do KPIs relate to or differ from SMART Objectives ?

willsmith
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I'm a student and try to analyze business KPI.. I read the company's annual report.. the company is a retail and a multinational company.. but it's kinda hard to find their performance from customer's prespective cuz in the report there's no data of customers like the number of customers who join loyalty programs, customer's satisfaction, etc.. I only find data related to financial, and employee's prespective.. can you give me suggestion how to make KPI on customer's perspective? Since it's a multinational company so it need a very long time if I make my own customer survey.. is the information of their financial statement can be used to measure customer perspective? There's another information such as the quantity of goods sold and the number of their outlets.. can I use those informations to make customer's KPI? please give examples

rhmh
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How tf am i supposed to give kpi of a business i haven't started yet doing pressure washing to the government from which I'm asking for funding for a startup when i don't even plan on having a set price but instead price the job based on the spot conditions of set job. I'm not producing an object or offer a set price on my business services. It's fukn stupid.

violetspider_
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My kpi for this month is to sell 5 houses

jojomaron
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Increasing Monthly View count on Youtube by 20%

MelodyBoxing
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I need kpi for oil and gas exploration

adecomby
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visiting and prospecting 10 companies daily ?

riswanmohammed
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