Full Form Of KRA

What is the full form of KRA?

KRA stands for Key Result Area or Key Responsibility Area, a management concept that defines the position, duty, and responsibilities of an employee. It focuses on the Job Description of a worker due to the specific KRAs he-she has. It is often used as an evaluation tool that helps organizations evaluate the performance of their employees.

Method of writing KRAs

• Have a thorough look at the employee’s job description and you can talk to the manager and employee if necessary.
• Find out how the employee would contribute to the betterment of the company.
• Keep in mind the observable essential tasks on the job like percentages, numbers, etc.
• Make performance-focused observations and write explanations of each task as self-explanatory.
• Timescales and objectives should be observable and reasonable while describing such goals.

Some KRA are described below

1. Human Resource Management and Development
2. Financial Management
3. Research and Development Department
4. Manufacturing
5. Administration Cell
6. Information and Communication technology
7. Marketing and Promotion

Example

One of the examples can be a company’s HR recruiter whose key responsibilities include hiring and training staff, managing leaves, forming their appraisals, and much more.