Key result areas.
Key result areas or KRAs refer to the general metrics or parameters which the organisation has fixed for a specific role.
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What is a KRA business?
Key Result Areas: KRAs are defined objectives that are vital to the performance of an individual employee, a department, or an organization. Key Performance Indicators: A KPI is a quantifiable metric that helps assess whether an organization, department or employee is meeting certain objectives.
What is difference between KRA and KPI?
Difference Between KPI and KRA
While KPIs focus on the performance metrics of the entire organization and employees, KRAs focus on the key activities and responsibilities of the employees and teams.
What does KRA stand for Kenya?
The Kenya Revenue Authority was established by an Act of Parliament, Chapter 469 of the laws of Kenya, which became effective on 1st July 1995. KRA is charged with collecting revenue on behalf of the government of Kenya.
What is the meaning of Kra in corporate world?
KRA stands for Key Responsibility Areas and directly follow from Job Description of an employee. KRAs document the specific areas in which an employee is expected to work.These responsibilities are called KRAs and are described in the employees Job Description document.
How do I find key result areas?
Key result areas are specific, clear and quantifiable. For example, ‘ensuring the growth of an organisation’ does not fall in the list of a department’s KRAs, but ‘customer acquisition’ does. KRAs comprise the tasks essential to do the work at hand.
What is a KRA in performance appraisal?
“Key Result Areas” or KRAs, also called “Key Performance Areas” (KPAs) refer to general areas of outcomes or outputs for which a role, or a combination of roles, is responsible. These are the areas within the organisation where an individual or group, is logically responsible / accountable for the results.
What is the difference between KPI and KPA?
What is the difference between KPAs and KPIs? Based upon an agreed measurement, Key Process Indicators (KPIs) are used for each Key Process Area (KPA) to determine where the organization ranks.Mostly, an aggregation of all the KPIs for a particular KPA determines the final KPA measurement and status.
How do you formulate KRA?
If you’ve never created KRAs, here’s a step-by-step process we teach to all of our business coaching clients.
- Step 1: Align and Cost Justify The Role.
- Step 2: Clarify Responsibilities of The Role.
- Step 4: Set The Role up for Success.
- Step 5: Include a Growth Plan.
What is key result area in HR?
Description: Key result areas (KRAs) broadly define the job profile for the employee and enable them to have better clarity of their role. KRAs should be well-defined, quantifiable, and easy to measure. It also helps employees to align their role with that of the organisation.
How much do KRA officers earn?
Kenya Revenue Authority Salaries
| Job Title | Salary |
|---|---|
| Kra officer salaries – 2 salaries reported | KES 80,000/mo |
| Officer salaries – 2 salaries reported | KES 63,375/mo |
| Finance Manager salaries – 2 salaries reported | KES 102,000/mo |
| Marketing salaries – 2 salaries reported | KES 20,000/mo |
Is Kra a state corporation?
1995 establishments in Kenya. Government agencies established in 1995. Organisations based in Nairobi. Revenue services.
External links.
| hide Authority control | |
|---|---|
| National libraries | United States |
How many staff does KRA have?
KRA has built a strong professional team of over 6,000 employees deployed across the country. We have created a favorable work environment with able mentors who ensure talent is developed.
How do you fill KRA in appraisal form?
When you fill the form:
- Be honest and critical. Analyze your failures and mention the reasons for it.
- Keep the words minimal.
- Identify weaknesses.
- Mention your achievements.
- Link achievements to the job description and the organization’s goals.
- Set the goals for the next review period.
- Resolve conflicts and grievances.
What is the KRA of HR manager?
The Human Resource Manager will lead and direct the routine functions of the Human Resources (HR) department including hiring and interviewing staff, administering pay, benefits, and leave, and enforcing company policies and practices.
What is key performance?
KPIs support your strategy and help your teams focus on what’s important. An example of a key performance indicator is, “targeted new customers per month”. Metrics measure the success of everyday business activities that support your KPIs. While they impact your outcomes, they’re not the most critical measures.
Why is KRA important?
KRAs ensure that people are utilizing their time on the areas that produce the most ROI. This process fortifies the structure of your company and defines targets, leading to a unified direction and clear understanding of the key drivers of success.
How do you write KPI and KRA?
Make a list of all critical functions. Write a self explanatory (1 sentence ) definition of each Goal (KRA). If you plan to follow BSC (Balanced Score Card) Pattern, then categorize each goal into one of the following categories: Customer, Financial, Internal Business Process, Learning and Growth.
What is KRA and KPI example?
Different organizations have different KPIs, e.g. KPI of a business entity can be the percentage increase in profit; KPI of a school may be the pass out rate of the students, etc. Thus a KRA may include profit, turnover, customer base, customer attrition, etc.
What are the KPI for sales manager?
KPIs for Sales Managers
- Sales Volume by Location.
- Competitor Pricing.
- Existing Client Engagement.
- Employee Satisfaction.
- Upsell and Cross-Sell Rates.
- Sales Cycle Length.
- Customer Lifetime Value (CLV)
What are the 5 key performance indicators?
- 1 – Revenue per client/member (RPC)
- 2 – Average Class Attendance (ACA)
- 3 – Client Retention Rate (CRR)
- 4 – Profit Margin (PM)
- 5 – Average Daily Attendance (ADA)