kra and kpis difference

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  • 8/4/2019 KRA and KPIs Difference

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    KRA's is the set of activities on whichperformances are rated.

    KRA's are Key Result Areas which are themain objectives of the employee in anorganization.

    Key Result Areas or KRA's refer to generalareas ofoutcomes or outputs for which a role

    is responsible. KRA's are also known as key work outputs

    (KWO's).

    INTRODUCTION

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    ProcessIndividual determine the KRAs of their roles :

    They list their main day to day responsibilities/

    __activities.They review the answers to their why questions,__looking for common themes or areas.

    For each activity, they ask Why do I do this?

    They identify their KRAs from these themes.They share their KRAs, preferably with those they

    __report to, those they work along with, and those who

    __report to them.

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    KRAs prepared should be

    Specific KRAs should be specific and shouldmake sense.

    Measurable KRAs should be measurable.

    Achievable KRAs framed should be Achievable.Related to Job KRAs should be Related to job.

    Time Bound KRAs framed should be DEFINEDFOR A SPECIFIC PERIOD. S

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    Remember to focus on whythe jobexists and not on whatthe person does

    what WE do ?(I fix machinery)

    whatour job title is(Im an Engineer)

    BUT whyour job exists, which isthe vital one

    (I keep the plant operating)

    FOCUS : whyour job exists

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    krasare

    80%

    shared

    responsibilities

    20%Helping team members.Image of the organization.Activities good for the

    organization.

    kras distribution .

    80%

    20% are

    Of work role

    like

    Most roles include 3 to 5 keyresult areas. If individuals are

    accountable for more than this, they may be overloaded

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    Identifying KRAs helps individuals Clarify their roles.

    Set goals and objectives.

    Focus on results rather than activities. Align their roles to the organizations

    business or strategic plan.

    Prioritize their activities, and thereforeimprove their time/work management

    Communicate their roles purposes toothers

    Make value-added decisions

    VALUE

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    ImplementationIndividuals :

    Develop specific goals and objectives, andplans to reach them.

    Take control of their time/work managementstrategies

    Work with those they report to, those theywork along with, and those who report to

    them to identify their KRAs so all on ateam have clarity regarding outputs.

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    Scope

    Deliverables.

    Measurement Matrix.

    Performance Revisal.

    Acceptance.

    KRA really help to get HR thinking

    strategically.

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