What is qualitative KPI in SAP GRC-SPM-SR - Sustainability Reporting?

SAP Term: qualitative KPI

• Component: GRC-SPM-SR

• Component Name: Sustainability Reporting

• Description: A KPI which is not quantitative, and which is defined by questions sent out by email. These must be processed manually by the users to whom the email was sent. Qualitative KPIs are used during manual KPI data collection.

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• Key Concepts: 
  Qualitative Key Performance Indicators (KPIs) are metrics used to measure the performance of an organization in terms of its sustainability goals. They are used to assess the progress of an organization towards achieving its sustainability objectives. Qualitative KPIs are typically based on qualitative data such as surveys, interviews, and focus groups.
  
  How to use it: 
  Qualitative KPIs can be used to measure the progress of an organization towards achieving its sustainability objectives. They can be used to identify areas of improvement and to track progress over time. They can also be used to compare the performance of different organizations and to benchmark against industry standards.
  
  Tips & Tricks: 
  When using qualitative KPIs, it is important to ensure that the data collected is accurate and reliable. It is also important to ensure that the data is collected in a consistent manner across different organizations and over time. Additionally, it is important to ensure that the data is analyzed in a meaningful way in order to draw meaningful conclusions from it.
  
  Related Information: 
  Qualitative KPIs are often used in conjunction with quantitative KPIs in order to provide a more comprehensive view of an organization’s performance. Additionally, qualitative KPIs can be used in conjunction with other sustainability reporting tools such as environmental impact assessments and life cycle assessments.