key-performance-indicator

A key performance indicator (KPI) is a quantified measure used to evaluate the success of an organization or individual against strategic objectives. Its parameters are: (1) domain — the functional area being measured (financial, operational, customer, etc.); (2) threshold — the target value that defines success or failure; (3) frequency — how often the metric is calculated and reviewed; (4) owner — the role accountable for the indicator. KPIs persist through management reporting systems, dashboards, and performance review cycles that make strategy operational. [formal: kpi | substrate: mind | horizon: hours | explicit: yes | epoch: 0.01]