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Key Performance Indicator is also known as Key Success Indicator. Once when an organisation is set analysed its mission, identified all the objectives then what measures to be taken to improve the performance o f the company. Key Performance Indicators are measurements. We need to set targets for each Key Performance Indicator. A key performance indicator makes, help companies achieve their goals through measurement and definition of progress. The key factors are decided and agreed upon by the organizations and indicate the measures that help in success of any organization. Once we have identified our key business factors then we need to measure them to know the actual position of the business. Our performance measures will be more powerful tool if we implement and follow them regularly in our company system.
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