What is a KPI number?
KPI stands for key performance indicator, a quantifiable measure of performance over time for a specific objective.
What is KPI format?
A key performance indicator (KPI) is a quantifiable measure of performance over time for a specific strategic objective. Business leaders and senior executives use KPIs to judge the effectiveness of their efforts and make better informed decisions.
Does a KPI have to be a number?
Because it's a measurement, the natural assumption is that KPIs should always be a number; something we can count. However, evaluation, particularly of service and customer experience, often go beyond a number.