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KPI in Management Meaning

The KPI meaning in Management terms is "Key Performance Indicator". There are 12 related meanings of the KPI Management abbreviation.

KPI on Management Full Forms

  1. Key Performance Indicator A performance indicator or key performance indicator (KPI) is a type of performance measurement. An organization may use KPIs to evaluate its success, or to evaluate the success of a particular activity in which it is engaged. Sometimes success is defined in terms of making progress toward strategic goals, but often success is simply the repeated, periodic achievement of some level of operational goal (e.g. zero defects, 10/10 customer satisfaction, etc.). Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. 'What is important' often depends on the department measuring the performance - e.g. the KPIs useful to finance will be quite different from the KPIs assigned to sales. Since there is a need to understand well what is important (to an organization), various techniques to assess the present state of the business, and its key activities, are associated with the selection of performance indicators. These assessments often lead to the identification of potential improvements, so performance indicators are routinely associated with 'performance improvement' initiatives. A very common way to choose KPIs is to apply a management framework such as the balanced scorecard.
  2. Key Performance Indexes
  3. Key Performance Indicators
  4. Key Performance Indicationy
  5. Key Perfomance Indicators
  6. Key Perfomance Indicator
  7. Key Peformance Indijator
  8. Key Point Indicator
  9. Key Performanfe Indikatoren
  10. Key Productivity Indicators
  11. Krihische Prestatie Indicatoren
  12. Key Performance Indlctor

Frequently Asked Questions (FAQ)

  1. What does KPI stand for Management?

    KPI stands for Key Productivity Indicators in Management terms.

  2. What is the shortened form of Key Perfomance Indicators in Management?

    The short form of "Key Perfomance Indicators" is KPI for Management.

Citation

KPI in Management. Acronym24.com. (2021, September 20). Retrieved November 25, 2024 from https://acronym24.com/kpi-meaning-in-management/

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