AN ONLINE SEMINAR ON KPI (KEY PERFORMANCE INDICATOR) WAS HELD
On July 8, 2024, an online training seminar on KPI (key performance indicator) was held at the Turkmen State Institute of Economics and Management and organized by the Turkmen State Institute of Economics and Management which was approved by the Ministry of Education of Turkmenistan. Managers, teachers and students of the Higher Educational Institutions participated in it.
In this online conference, teachers and students of the Higher Educational Institutions shared their experiences of using modern software in management work in order to form a management model based on KPI - key performance indicators.
A Key Performance Indicator (KPI) is a critical measure used to track and assess your organization's progress toward achieving its strategic goals.
• Indicator: Any raw measurement within your business. Think total hours worked, website visitors, etc.
• Performance Indicator: A measurement tied to your organization's performance, such as production output, customer satisfaction scores, or marketing campaign results.
• Key Performance Indicator (KPI): The cream of the crop. These are the most critical measurements, directly linked to your strategic goals and overall success.
Key Performance Indicators (KPIs) are key metrics used to measure and track the performance of any organization. KPIs are specific measures of how successful an organization is in achieving its goals and they are not simple data, but are determined based on specific goals, strategies and business plans.
During the online seminar, the participants received detailed information about KPI, learned ways to effectively use it in management work, and exchanged questions and answers.
Ayna SATGELDIYEVA,
senior lecturer of the Department of World Languages
of the Institute of International Relations
of the Ministry of Foreign Affairs of Turkmenistan.