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What is Key Performance Indicator (KPI), and why is it so important?

KPI or Key Performance Indicator, has been a long-time staple in the business world. It is used at every level in an organization and is a great way to show where gaps are, where more attention is needed, and where the team or individual excels. In this video, we’re breaking down KPI meaning, KPI examples, and everything you need to know about KPIs. Outsource Accelerator is the leading outsourcing marketplace and advisory for those who want to know more about their offshore staffing options. Visit our website to learn more: www.outsourceaccelerator.com/ ----- Timecode: 00:00 - Intro 00:30 - What is a KPI? 01:20 - Outsource Accelerator 01:50 - Different KPIs per industry 02:31 - Example KPIs to track 03:00 - General rule in choosing KPIs 03:18 - Know more about building an Offshore Team 03:29 - Outro ----- 📺 WHAT TO WATCH NEXT: Outstanding Outsourcing Staff | Success Stories from Offshore Teams:    • Outstanding Outsourcing Staff: Success Sto...   Simple Guide before outsourcing: https://www.youtube.com/watch?v=CLDfT... Top Reasons to outsource in the Philippines: https://www.youtube.com/watch?v=2chaK... What is BPO? https://www.youtube.com/watch?v=wGXgy... What is outsourcing?: https://www.youtube.com/watch?v=afe0p... Outsourcing vs. Offshoring: https://www.youtube.com/watch?v=WXSmn... Misconceptions in outsourcing: https://www.youtube.com/watch?v=B8b6H...