key performance indicators (KPI)
Definition
Key business statistics such as number of new orders, cash collection efficiency, and return on investment (ROI), which measure a firm's performance in critical areas. KPIs show the progress (or lack of it) toward realizing the firm's objectives or strategic plans by monitoring activities which (if not properly performed) would likely cause severe losses or outright failure.
email to a friend
print this definition
cite this definition
link to this page
key performance indicators (KPI) is in the Accounting & Auditing, Banking, Commerce & Finance and Planning & Scheduling subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/key-performance-indicators-KPI.html