= Performance indicator
{wiki=Performance_indicator}
A performance indicator is a measurable value that demonstrates how effectively an organization, department, team, or individual is achieving key objectives. Performance indicators are used to evaluate success at reaching targets and can be financial, operational, or strategic in nature. They help organizations assess progress, make informed decisions, and improve performance over time. There are several types of performance indicators: 1. **Key Performance Indicators (KPIs):** These are specific metrics that are critical to the success of an organization.
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