Kra Chart

KRA is a strategic area where excellent performance is required. Key result areas are also referred to quotcritical success factorsquot. The various KRA are given weightage. Weight of each KRA is determined based on the scale of priority. Population Chart Age Distribution and Gender Count April 15, 2024 Attrition in a Line Chart March 8

KRA Format. This Key Result Area KRA document serves as a clear and strategic roadmap designed to align individual performance with our overarching organizational goals. Each Key Result Area defines the essential responsibilities and performance metrics to guide employees toward fulfilling their roles effectively.

KRA means quotKey Result Area,quot and KPI is also known as quotKey Performance Indicator.quot Both terms are used in management and business to measure the performance and success of individuals, teams, and organizations. KRA refers to specific areas of business performance that are considered critical to the organization's overall success.

As against, KRA or otherwise called as key result area can be described as the major areas, that requires exceptional performance, so as to survive and obtain a competitive position in the market. The article excerpt presented to you, explains the difference between KPI and KRA, in a detailed manner. Content KPI Vs KRA. Comparison Chart

So, you can use KRA to measure the quality of the hires. Good to Read- Difference Between Earned Leave and Casual Leave CL and EL Difference. Difference Between KPI and KRA. Apart from the similarities between KPI and KRA, there are many other differences too that exist between these two. Here is a detailed differentiation between the two. 1

On the contrary, KRA, or Key Result Area, refers to the broader sectors or areas within an organization where outputs contribute to its business goals, essentially defining the scope of specific job roles. Comparison Chart. Definition. Quantifiable metrics to gauge performance. Broader sectors where outputs are essential for business

KRA defines what a specific job is supposed to accomplish and what objectives are attached to each KRA. KRAs play an important role in making your employees understand their roles and responsibilities in a better way. KRAs should be well thought of, strategic, and outline the scope of a job in a broad way so that your organization keeps running

KPIs track the progress of an employeecustomer towards a set KRA. Therefore, when setting business goals, KRA comes first. 3. Measurability. KRAs aren't easily measurable, which is why KPIs a business needs KPIs. For example, a sales manager with a KRA to develop an effective sales team can be quite subjective.

KRA Definition Key Performance Indicator Key Result Area Purpose Measure performance against specific goals or objectives Identify and define the main areas of responsibility for an individual or team Focus Quantitative and measurable targets Qualitative and strategic objectives

KRA KRA refers to key results areas which are strategic concepts used to define the responsibilities of individuals, groups, or organizations to achieve the business's success and goals. KPI Key performance indicators KPIs is used to measure performance of individuals, teams, groups, or organization as a whole to achieve specific goals