Examples of ratio KPIs: ‘Conversion rate‘, ‘Average order Value’, ‘Task completion rate’ etc What is the difference between a metric and a KPI? Every KPI is a metric. But not every metric can be used as a KPI. A KPI is a key metric that can directly impact the cash flow (re...
This section explains the rationale behind the chosen KPI. When deciding on a KPI aligned with a specific objective, the assigned team and the KPI owner should be able to provide a detailed explanation of why they made the selection and what insights tracking this KPI will unveil. Measure Data...
170 KPI examples and templates Download eBook Why Are KPIs Important? KPIs are an important way to ensure your teams are supporting the overall goals of the organization. Here are some of the biggest reasons why you need key performance indicators. ...
KPI examples KPIs are unique to each business and department, because each business and department has unique goals. However, there are enough similarities between the departments within a company that their KPIs can be written in a similar manner. Below are some examples from several common depart...
What exactly is a KPI Dashboard, and how do you build an effective dashboard?This comprehensive guide answers all these questions and more. Whether you're a beginner or a seasoned performance professional, you'll find valuable information and practical examples to help you master KPI dashboards...
KPI Tree Examples and Templates Here is aKPI Tree exampleillustrating the seven steps being put together. This case demonstrates a profit branch excerpt from a financialKPI Tree templateBernie assembled. Sign up to receive the full Tree PDF including solvency metrics. ...
KPI examples SaaS Expansion MRR RateWhat is Expansion MRR Rate?The SaaS Metric Expansion Monthly Recurring Revenue (MRR) Rate is additional recurring revenue generated from existing customers through either add-ons, upsells or cross-sells.Advice from VCs: Why Expansion MRR Rate is critical...
If you’re looking for some examples to get started, here are a number of KPI libraries you can download from our resource center: 1. Financial KPIs Financial measures are important ineveryorganization—even nonprofits and municipalities. Staying on top of your finances by monitoring the right ke...
SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound. Below is a more detailed explanation of each of these criteria: Specific:The KPI should be specific and clearly defined. Measurable:KPIs should be quantifiable, allowing for objective assessment of progress. ...
KPI examples Sales Pipeline Volume vs GoalWhat is Pipeline Volume vs Goal?The sales metric Pipeline Volume vs Goal compares the number of leads in your sales pipeline to your target goal (the number leads required to hit your quota). This is a more complex KPI made up of a combination of...