In this article we are going to know KRA full form
KRA Full Form
What Is The Full Form Of KRA?
The Full Form Of KRA is Key Result Area/Key Responsibility Area.
K= Key
R= Result
A= Area
OR
K= Key
R= Responsibility
A= Area.
Below We Are Going To Explain The Meaning Of KRA,
KRA Full Form
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Find The Meaning Of KRA
What Is The Meaning Of KRA?
The Meaning Of KRA,
KRA: Key Result Area/Key Responsibility Area
Key Result Area defines the most job responsibility of a private, company or organization. It refers to specific areas of outcomes for which an employee is responsible. KRA is decided by the company or organization to judge the individual’s quantitative and qualitative analysis ability for a specific job assigned to him. This data can be used as an appraisal tool as it shows the overall performance of that entity. A specific goal must be set to improve the efficiency of the organization.
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Find The Abbreviation Of Key Result Area/Key Responsibility Area.
What Is The Abbreviation Of Key Result Area/Key Responsibility Area?
The Abbreviation Of Key Result Area/Key Responsibility Area Is KRA.
Key= K
Result= R
Area= A
OR
Key= K
Responsibility= R
Area= A.
Identifying KRAs helps employees in a number of ways, some of which are as follows:
- It clarifies the roles and responsibilities
- It helps align roles to the strategies of the organization
- It helps employees focus on results instead of activities
- It helps set goals and objectives and to prioritize their activities
- It helps make value-added decisions
The KRA covers around 80% of the work role of an individual or employee. Some of the key result areas are listed below:
- Human Resource Management and Development
- Administration Cell
- Financial Management
- Information and Communication technology
- Research and Development Department
- Marketing and Promotion
- Manufacturing
- Functions or KRA of HR
- Schedule and conduct an interview to recruit employees.
- Provide training for employees.
- Appraise employees and provide them good growth.
- Process leave applications of the employee.
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Frequently Asked Questions:
What Is The KRA?
KRA stands for Key Responsibility Areas and directly follows from the Job Description of an employee. KRAs document the particular areas during which an employee is predicted to figure. This post shares an easy approach to write down goals for workers by using KRAs and KPIs and may be employed by employees, managers, and HR.
What Is Difference Between KRA And KPI?
KPI may be a quantifiable measure, meaning that it gauges the performance of a product, service or the business unit within the market, in quantitative terms. On the contrary, KRA is qualitative in nature, in the sense that it determines the areas that can help in attaining high value for the organization.
What Are Kra In HR?
Answer: KRA stands for Key Result Area – Each role during a company generally features a number of KRAs, which define the key areas that the worker must produce results in (for example, for an HR Manager, one of the Key Result Areas might be Recruitment).
What Is KRA And KPI Example?
Key performance indicator (KPI) means a mechanism used to represent how well the company is able to reach the business goals. The key result area (KRA), alludes to the sector of the outcome within the business organization, for which the department or unit is responsible. What is it? It is a metric. It is a strategic factor.
What Is Kpr Key Performance?
A KPR is the outcome you should expect to see as a result of the activities (KPIs) that are being conducted on a regular basis. These act as milestones on the way towards hitting the performance objective. (eg. Standing on the scales to check your weight each week will give your Key Performance Result).
How Do You Set KRA For Employees?
KRAs: Key Result Area/KRAs outline an employee’s roles and responsibilities within their organization. KRAs help individuals align their roles to the larger business plan and focus on results rather than activities. This allows employees to set priority goals and objectives, and make effective decisions.
Why Is KRA Important?
Why do you need Key Result Areas? Key Result Areas (KRAs) are important because they help organizations to measure and track the progress of their employees towards specific goals. KRAs allow organizations to identify and focus on the most important tasks that need to be completed in order to achieve their goals.
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KRA Full Form
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