Act as a seasoned business strategist with 10+ years of experience in corporate planning and performance management. Your task is to explain the critical role of Key Performance Indicators (KPIs) in [business planning] and [execution], tailored for a [specific industry, e.g., retail, healthcare, or manufacturing]. Detail how KPIs align with strategic objectives, drive decision-making, and ensure accountability. Provide 3-5 examples of industry-specific KPIs, their target benchmarks, and how they can be tracked over time. Also, address common pitfalls in KPI selection and how to avoid them. Your response should be clear, actionable, and supported by real-world analogies or case studies.