Why are KPIs important
Key Performance Indicators are used to assess the progress and delivery of your targets. They are an essential part of the implementation process of your Social Value Strategy.
- They provide clear guidance on what you are looking to achieve – your target outcomes
- They allow you to assess progress
- They help you understand when you have reached your S.M.A.R.T targets (Specific, Measurable, Achievable, Realistic, Timely)