Which of these is least likely a characteristic of a good KPI?

A good Key Performance Indicator (KPI) is primarily focused on measuring specific aspects of performance that drive the organization toward its strategic goals. While financial data can certainly be a component of a KPI, it is not a fundamental characteristic that makes a KPI effective. A KPI can represent various domains, including customer satisfaction, operational performance, and employee engagement, among others, and it does not need to be limited to financial metrics.

Characteristics of a good KPI include being able to update regularly, which ensures that the data remains relevant and actionable. Additionally, KPIs should be easy to interpret so that stakeholders can quickly understand performance status. Aligning KPIs with strategic goals ensures that they are relevant and contribute to the overarching objectives of the organization. Therefore, focusing solely on the representation of financial data does not encompass the broader and more inclusive nature of effective KPIs.