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Key Performance Indicators (KPIs)

Term in Qoyod's Business Glossary. Practical definition with examples from the Saudi market.

What is Key Performance Indicators (KPIs)?

Key performance indicators are quantifiable measures that track how effectively a company, team, or process is meeting strategic and operational objectives.

How It Works

  • Translate strategic goals into measurable indicators.
  • Set targets, baselines, and review cadences.
  • Use KPI dashboards to drive accountability and action.

Saudi Context

Saudi public-sector entities aligned with Vision 2030 publish strategy KPIs (the Vision 2030 dashboard). Private firms increasingly tie executive incentives to KPI scorecards.

Example

A Saudi e-commerce business tracks GMV growth, gross margin, CAC, repeat-order rate, and NPS as its top 5 KPIs.

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