Key Performance Indicator

Noun · Startup & VC

Definitions

  1. A selected metric used to measure progress toward an important business objective. A useful KPI is specific enough to drive behavior and close enough to the real goal to avoid vanity reporting.

    In plain English: A chosen measurement used to track progress toward an important goal.

    Example: "Net dollar retention became the board-level key performance indicator for the SaaS business."

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