Key performance indicators (KPIs) are sets of quantifiable measures that can be used to determine how effectively a company is achieving its key business objectives, thus evaluating its progress or success at reaching strategic and operational goals. If you need more help defining KPIs for your company, teams, and employees, consider the examples below. However most rely on a combination brought together under a single calculated formula. That enables them to maximize profitability in the long-run. KPIs … To choose the right indicator for your specific target can be very difficult. We make sure that you always have the most relevant figures in front of you, whenever you need them. Market Research: Market Research KPIs let you analyze and visualize your research results in a meaningful way, so as to present your studies to top management or clients effectively. KPI Examples. Below you can find our top 15 KPI examples for the human resources department: Service & Support: Customer service KPIs are helpful to get a holistic view of your support department, agents, as well as a 360-degree customer view. Find hereafter a list of KPI examples specifically created to answer the needs of each department. … Best KPI dashboard templates … Actual cost (AC) 66. Which KPIs Should I Choose? Below you can find our top 10 KPI examples for the market research industry. Below you can find our top 10 Twitter KPI examples for this social media platform: YouTube: YouTube KPIs are crucial for the serious video story-teller, aiming to increase engagement, views, subscribers and overall performance of this channel. Here are the, THE RIGHT KPI EXAMPLES FOR EVERY USE CASE, Measure what matters the most and really impacts your success, MUTE THE NOISE OF YOUR DATA TO FOCUS ON INSIGHTFUL AND IMPACTFUL KPIS, COMPARE YOUR RESULTS WITH YOUR GOALS AND ALIGN YOUR NEXT MOVE, Leave the static spreadsheets behind - start using interactive Dashboards today, VISUALIZE AND TRACK YOUR BUSINESS KPIS WITH A FEW CLICKS, instructions how to enable JavaScript in your web browser. Our dashboard software helps you to get rid of the time consuming process of constantly having to log into databases, cross-referencing information and pulling out data from third party applications to make sure you are always up to date. Project Kpi. Targets can be percentage, number, or score – depending on the type of KPIs. The six A´s mean that the indicators are aligned with your specific targets, the data, which are used for the indicators, can be easily attained, the indicators keep everyone informed (acute) about the current situation, the data used to obtain the KPIs are accurate, the insights in the business given by the indicator is actionable and the indicator should evolve with the business (alive). Connecting to this point, comparing different periods will also tell you how your performance has changed and you can easily identify which actions have caused changes. A way to evaluate the relevance of a KPI is to use the SMARTER criteria (Specific, Measurable, Attainable, Relevant, Time-bound, Evaluate, Reevaluate). They help stay in track with initial financial objectives. This board will show you numerous KPI examples from various industries, functions, and platforms which you can utilize in your own measurements for success. Thus, you have to know exactly what would like to measure. But there are two main KPI best practices, which help you to find the right one. 8. Facebook: Facebook KPIs gather content and advertising analytics to help social media professionals to optimize and maximize their social media strategy operations and results. You are probably wondering how you should design your KPI (Key Performance Indicator). Lagging vs Leading indicators: Former indicate the source of success or failure and leading indicators are used for forecasts. They are important to give the big picture of all your online activities and determine an accurate marketing ROI. Below you can find our top 15 KPI examples for the procurement department: IT: IT KPIs maintain all the IT projects on track with their deliverables. Below you can find our top 9 KPI examples for the YouTube platform: Google Analytics: Google Analytics KPIs enable website operators to objectively monitor, analyze and optimize user behaviors on a sustainable level across the entire website. Effective decision making is impossible without Key Performance Indicators (KPIs). Cost variance (CV) (planned budget vs. actual budget) 68. Lagging KPI is a type of indicator that reflect the success or failure after an event has been consumed. Below you can find our top 16 KPI templates for the manufacturing industry: Retail: In such a fast-moving industry, retail KPIs are crucial to any business who wants to identify and understand customer trends, enhance its stock management, lower the returns and ultimately increase sales profits. Or platform are also all gathered and visualized on business dashboards and newly managers. Actionable data you need more help defining KPIs for your business and make more informed decisions that stir. To help you cut through the noise and see the actionable data you need an easy elegant. 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