Key Performance Indicators (KPIs) are the critical (key) indicators of progress toward an intended result. KPIs provide a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most.
Managing with the use of KPIs includes setting individual targets (the desired level of performance) and tracking progress against the individual target. Managing with KPIs often means working to improve leading indicators that will later drive lagging benefits. Leading indicators are precursors of future success; lagging indicators show how successful the employee was at achieving results in the past.
Here are some of the key performance indicators which can be measured :-
- Oral Communication.
- Written Communication
- Financial Skills.
- Technical Skills.
- Productivity.
- Decision Making.
- Crisis Management.
- Long Term Planning.
- Personal Integrity.
- Interpersonal Relations.
- Employee Relations.
- Leadership.
- Short Term Planning.
- Managerial Skills.
- Overall Performance.
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