KPI stands for 'Key Performance Indicator'. It's a measurable value that helps organizations evaluate their success in achieving their business objectives. KPIs are used to track progress, identify areas for improvement and make informed decisions based on data. KPIs can vary depending on the industry, organization, and goals, but they should always be relevant, specific, measurable, achievable, and time-bound.

KPI Definition: What is a Key Performance Indicator? | Guide

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