In a diagram, a Key Performance Indicator (KPI) is a metric or indicator that measures how effectively an organization is achieving its key business objectives. KPIs help organizations track progress toward strategic goals and identify areas where improvement is needed.
KPIs are used in various types of diagrams, such as business process diagrams, balanced scorecards, and performance dashboards. Examples of KPIs include revenue growth, customer satisfaction ratings, employee turnover rates, and website traffic. The choice of KPIs depends on the specific objectives of the organization and the nature of the business.
An example of a KPI in QualiWare would be:
