What occurs in KPI Details when an indicator does not meet its target on the Target Review data?

When an indicator does not meet its target in the Target Review data, the KPI Status is classified as Not Met. This categorization is essential because it provides a clear and standardized way to evaluate the performance of a particular key performance indicator against its predefined goals. By designating the status as Not Met, stakeholders can quickly identify areas that require attention, intervention, or further analysis, enabling more strategic decision-making and resource allocation.

The use of the Not Met status allows organizations to maintain a consistent framework for tracking performance across various indicators. This consistency can help facilitate communication among team members, stakeholders, and departments regarding performance outcomes and what corrective actions may be required. Additionally, it can drive accountability by making it clear that certain objectives were not achieved, thereby prompting discussions around causes and improvements.

Properly understanding this classification helps in analyzing trends in performance over time and can inform future goal-setting processes. In the context of performance management, it's critical to differentiate between statuses like "Missed," "Off Track," and "Not Met" as each may provide specific insights for evaluation and improvement strategies.