What is Performance Indicator?

A definition of Performance Indicator

“A performance indicator is a measurable value used to evaluate the success of an organization, employee, or project in achieving objectives. It helps in assessing outcomes and guiding business strategies.”

Performance Indicator in Business Glossary - What is a Performance Indicator?

Business Glossary > What is Performance Indicator?


Examples of Performance Indicator in a Sentence:

A performance indicator is crucial for evaluating project success.

Management relies on performance indicators to measure team productivity.

Developing clear performance indicators helps improve company outcomes.

Why is Performance Indicator Important in Business?

Understanding performance indicators is vital for measuring the success and effectiveness of processes and strategies within an organization. They help in identifying areas for improvement and ensuring that goals are met efficiently.

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Associated Terms

Here are some associated business terms and synonyms for “Performance Indicator”:

  • Key Performance Indicator (KPI)
  • Performance Metric
  • Success Indicator

Google’s Performance Indicators

Google uses performance indicators like user engagement metrics and ad click-through rates to evaluate the success of its online services. These indicators help Google to continuously enhance its offerings and remain competitive.

Final Notes on Performance Indicator

Companies should select performance indicators that align with their strategic goals. Regularly reviewing these indicators can provide insights and drive better decision-making.


This has been a definition of Performance Indicator meaning.

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