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Key performance indicators measure the performance of certain areas of a business. The KPI report gives summary and detailed information on how well or poorly these areas perform
KPIs are a set of quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their strategic and operational goals. KPIs vary between industries,companies and departments or functions within a company depending on their priorities or performance criteria.
Key Performance Indicator
After careful consideration and mutual consent of employee and supervisor the KPA & KPI were finalized and then after a specific interval either its bi-annually or annually the HR and head along with employee review the KPI ratings. There are two type of indicators leading and lagging and its bit easy to review the lagging one as leading indicator which are composed of activities and tasks which hit lagging one. We used to compile the individual KPIs achievement in order to find the rating trends and this will help both parties to find the area of improvement.
Now, the trend is on data side and the term “analytic” is being opt in HR too, through such big data, it helps to reach and made fact based decisions.
A KPI report is a measurable values that demonstrates how effectively a company is achieving key business objectives.
And kpi differs by dept Hr has kip different than procurement, and by type of industry
What Are KPI Reports?
Key performance indicators measure the performance of certain areas of a business.
The KPI report gives summary and detailed information on how well or poorly these areas perform.
KPI reports come in many forms--from handwritten reports to very sophisticated computer generated reports with multiple charts and graphs.
The best KPI report provides accurate data information and actionable feedback for the user.
KEY PERFORMENCE INDICATION REPORT,Shows main indicators to anayis and resolution of
network issues