Key Metrics also known as KPI
What are key metrics? First lets understand metrics. Metrics is a value of measurement. This measurement can be on your companies growth or it can be social engagement growth or it can be how much profits have gone up and how much overhead has gone down or many other measurements. The word key means that it is a main measurement. A key thing to focus on.
What metrics will you use to gauge your success or failure? You may just say that if you are making more money than you are losing but that isn’t the only key metric to look at.