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Key Performance Indicators And Metrics

oboloo Glossary

Key Performance Indicators And Metrics

Key Performance Indicators (KPIs) and Metrics are measurable values that organizations use to assess their performance. KPIs are the quantifiable measurements used to track and report on progress towards achieving strategic goals, while metrics provide valuable insights into organizational performance, helping to identify areas of growth and areas requiring improvement. KPIs and metrics allow businesses to take a proactive approach to improving their operations and achieving long-term goals by providing an accurate representation of how current activities are translating into desired outcomes. When used correctly, KPIs and metrics enable organizations to make effective decisions, enhance operational efficiency, and increase customer satisfaction.

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