key performance indicators
/kiː pəˈfɔː.məns ˈɪn.dɪ.keɪ.təz/
Meaning
Key performance indicators (often abbreviated as KPIs) are quantifiable measurements used to evaluate the success of an organization or an employee in meeting objectives. This is a highly formal term used in performance reviews, corporate reports, and strategic planning.
Examples
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We need to define our key performance indicators before launching the new marketing campaign.
We need to define our key performance indicators before launching the new marketing campaign.
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The department failed to meet three of its five key performance indicators this quarter.
The department failed to meet three of its five key performance indicators this quarter.
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Customer satisfaction scores are among our most critical key performance indicators.
Customer satisfaction scores are among our most critical key performance indicators.
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The executive board reviewed the key performance indicators to assess the company's annual growth.
The executive board reviewed the key performance indicators to assess the company's annual growth.
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Each employee's bonus is directly tied to their individual key performance indicators.
Each employee's bonus is directly tied to their individual key performance indicators.
Common Mistakes
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✗ We should track our key performing indicators to see if we are on target.
✓ We should track our key performance indicators to see if we are on target.
The correct noun adjunct is 'performance', not the participle 'performing'.
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✗ The manager gave me a list of key performance indicatives.
✓ The manager gave me a list of key performance indicators.
The noun is 'indicators' (things that indicate), not the adjective 'indicatives'.
Related Expressions
Practice
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To measure our website's success, we track monthly active users as one of our ___.
💡 Quantifiable measures of success
Show answer
key performance indicators
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The board requested a detailed report on the company's ___ for the fiscal year.
💡 Metrics used to evaluate organizational goals
Show answer
key performance indicators