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This is part of a series of posts that explores the “Adaptive Digital Strategy Framework”, an operative guide that I created to plan, execute and manage online strategy programs more effectively and efficiently. Each of post of this series comes with an audio podcast in which you will find the audio version of the post with additional audio commentary about the discussed topics. The name of the podcast is “FIR On Strategy with Andrea Vascellari”.
What are KPIs?
A KPI (Key Performance Indicator) is a type of performance measurement. You may use KPIs to evaluate the success of your organization or more specifically the success of a project.
These indicators help you understand whether you are making progress towards the achievement of your objectives. This is why it’s vital that you have a good understanding of what you are trying to achieve with your initiative. If you need help to define your objectives, check out episode #15 of “FIR on Strategy”.
Most organizations set strategic objectives they desire to achieve. One way to measure the progress toward achieving these objectives is to use KPIs.