1 rich Libsyn https://www.libsyn.com 90 600 What is a Key Performance Indicator?&amp;nbsp; &amp;nbsp; A KPI is a measure of performance used to measure progress towards a target / a goal / a desired state.&amp;nbsp; &amp;nbsp; A KPI is different from a&amp;nbsp; metric. A metric is anything that can be measured:&amp;nbsp; &amp;nbsp; Height&amp;nbsp; Length&amp;nbsp; Weight&amp;nbsp; The number Sales orders&amp;nbsp; The Value of fixed assets&amp;nbsp; &amp;nbsp; A metric becomes a KPI when you link it to a goal and have a clearly defined target to pursue and evaluate against. It also needs to be assigned to someone.&amp;nbsp; &amp;nbsp; Tip:&amp;nbsp; Ensure that your KPIs are aligned to goals and have clearly define targets and someone is accountable.&amp;nbsp; Smart Business Performance Podcast https://www.kpims.co.za <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/16246820/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/84957614