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Monday, December 23, 2024

What is KRA and the full form of KRA?

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KRA is known as the Key Responsibility Area or Key Result Area. KRA defines the main job responsibilities of an individual, company, or organization. It is a management concept that focuses on the Job Description of the employees and refers to the different areas of work for which they may take responsibility. KRA is decided by the company or organization to evaluate the individual’s quantitative and qualitative analysis ability for a specific job assigned to them. This data is mainly used as an appraisal tool and shows the overall performance of that entity. It is important to set a specific goal to improve the efficiency of an organization.

Identifying KRAs helps employees in various ways, some of which are listed as following: 

  • KRA clarifies the roles and responsibilities of employees
  • It helps them to align roles to the strategies of the their organization
  • KRA is useful for employees, because it focus on results instead of activities
  • With the help of KRAs one can set goals and objectives and prioritize their activities accordingly.
  • It helps employees to  make value-added decisions

Methods of Writing KRAs

KRAs are developed by the organization to evaluate their employees performance in an organized manner and are used as an evaluation tool. These measures mainly focus on the overall performance of employees. Following are the methods of writing KRAs

  • Before writing KRAs, make sure to check over the employee’s job description  completely. Communicate with both the manager and the employee to have a clear idea.
  • Determining exactly the goals and roles of an employee and how they would contribute to the company’s success is essential.
  • Make sure to complete all visible important tasks on the job. This also includes information stated in percentages, figures, and the like.
  • Making targets that are focused on these expectations will be helpful while writing KRAs. Always try to make task explanations simple and as self-explanatory as possible.
  • When you describe such goals, providing visible and reasonable targets and timeframes will be helpful.

Human Resource Management and Development, Financial Management, Research, and Development Department, Manufacturing, Administration Cell, Information and Communication Technology, and Marketing and Promotion are some types of KRAs. Based on the job function, each employee has responsibilities and KRAs are the best way to define these key roles and responsibilities.. KRAs contains all details about an employee’s job description.

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