A quantitative measure of performance over time for a specific goal is referred to as a "key performance indicator." KPIs provide teams with goals to aspire for, milestones to track progress, and insights to assist everyone in the organization in making better decisions. From finance and HR to marketing and sales, every aspect of the organization relies on key performance indicators to move forward strategically. Therefore, KPIs are vital to ensuring that your teams support the organization's overall goals. From risk concerns to financial indicators, key performance indicators give you an accurate picture of your company's health.
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