KPIs, or Key Performance Indicators, are measurable values that help organizations track the progress and performance of their business activities. By carefully selecting a combination of KPIs, companies can evaluate success in reaching their goals and make timely decisions about where to focus time, money and resources. In other words, KPIs give leaders the data they need to keep their businesses running smoothly and efficiently. When determining which KPIs to measure, companies should consider factors such as customer satisfaction, operational efficiency, product performance and financial stability. Ultimately, the goal is to arrive at metrics that represent the organization’s most important objectives. Armed with the right information, strategic decision-making becomes easier – and success is achieved more quickly.