KPIs Necessity
Why do we need performance measurement?
Performance measurement is considered an essential tool for enhancing performance, making informed decisions, monitoring progress, and promoting competitiveness. Performance measurement is necessary for several reasons.
It helps identify strengths and weaknesses and improve processes and systems.
It provides the necessary information for making informed decisions based on strong foundations.
It allows for monitoring progress towards defined goals and achieving them within the specified time frame.
It promotes transparency and contributes to accountability and responsibility.
It assists in identifying improvement opportunities and enhancing competitiveness in the market.
