Key result areas or kras refer to the general metrics or parameters which the organisation has fixed for a specific role. Kra, or key responsibility areas, are based on the job description of a person and are used when assigning tasks that they are expected to perform. Know your customer kyc is a onetime exercise made mandatory to invest in mutual funds and cams kra offers these services very efficiently to you, through pan india network of customer service. Key result area can be understood as the fundamental areas of the outcome, for which a department is accountable. Difference between kpi and kra with comparison chart key. Additional kra areas can include special projects, assistance on sales proposals, etc. Kra means key result areas which is used to measure the performance of a employee based on objectives given to him her at the time of employment. Based on the postscript language, each pdf file encapsulates a complete description of a fixedlayout flat document, including the text, fonts, vector graphics, raster. Organizations use kpis to evaluate their success at reaching targets selecting the right kpis will depend on your industry and which part of the business you are looking to track. Key result area meaning set of activities on which performances are rated. Dec 24, 2010 greetings, kra is the key result area, which includes the deliverables and the scope to deliver them.
To be filled at the end of the year support function. Employees are predominantly appraised on their mutually agreed kra s. Know about kra confidential only for internal use page 6 4. Kra genealogy this is an open forum to discuss the origin, the meaning and the family stories of the surname kra. It refers to specific areas of outcomes for which an employee is responsible. Focused area organization goals description of key result area agreed objectives. Key result areakra and key performance areakpa hrdictionary. What is the full form of kra, what does kra stand for. A key performance indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Based on the postscript language, each pdf file encapsulates a complete description of a. Employees are solely responsible for the specific kras assigned to them. Hr recruiter performance area kra weight age % expected result quantity of work improve cost per hire 15% increase hiring. May 20, 2017 kra, or key responsibility areas, are based on the job description of a person and are used when assigning tasks that they are expected to perform. Difference between kpi and kra compare the difference.
Kenya imports documents required customs clearance. Every individual with a kra pin is required to file this return. One of the popular terms in business is kra, which stands for key result area. Karvy data management services limited, 46, avenue 4, street no.
On your itax account top panel menu, click on returns and then file nil return. Key result area kra and key performance areakpa, though the terms hold different meaning but are often used interchangeably and more or less assumed to have same applicability. A key result area kra is an strategic factor either internal to the organization or external, where strong positive results must be realized for the organization to achieve its strategic goal s, and therefore, move toward realizing the organizations longer term vision of success. Both your knowledge and the oral tradition of the origin and meaning of this surname will be helpful.
The program supports a series of features that are similar with. They include thai and lao, the national languages of thailand and laos respectively. Key result area defines the main job responsibility of an individual, company or organization. Kra is an image format associated with an open source digital painting program called krita. As a consultant, youll have at least two key result areas. Jan 20, 2019 on your itax account top panel menu, click on returns and then file nil return. Key result area kra the key result areas or kras is a concept on which the individual performance is measured and these are the activities which have an impact on the bottom line of the business. Each department will use different kpi types to measure success. List any classes you plan on taken between now and year end or classes youve already taken. Kras might fall within the scope of key performance areas kpa. Visit edumantra for all short form to full form and get full form pdf. Know about kra confidential only for internal use page 3 the other sealant features of kras are.
Organizations use kpis at multiple levels to evaluate their success at reaching targets. Analysis of kindergarten readiness assessment kra results. Historically, the ksa framework was associated with the u. Dear friend, while you have shared the format, you have not shared the actual kras as such. Kras document the specific areas in which an employee is expected to work. Kpi key performance indicator is the metric that quantifies a kra key result area.
Employees are predominantly appraised on their mutually agreed kras. See the list of programs recommended by our users below. Difference between kpi and kra with comparison chart. This post shares a simple approach to write goals for employees by using kras and kpis and can be used by employees, managers and hr. Oct 07, 20 kra stands for key responsibility areas and directly follow from job description of an employee. Sep 06, 2012 focused area organization goals description of key result area agreed objectives. Around 93 million people speak kradai languages, 60% of whom speak thai. The difference between a kra and a kpi strategy management. This data is also used as an appraisal tool as it shows the overall performance of an entity. You mentioned this concept is new, so request you to read the following discussion where it has been defined.
The article excerpt presented to you, explains the difference between kpi and kra, in a detailed manner. Are you looking for or need to have a new kra pin today. Highlevel kpis may focus on the overall performance of the business, while lowlevel kpis may focus on processes in. The kradai languages also known as taikadai, daic and kadai are a language family of tonal languages found in mainland southeast asia, southern china, and northeast india. It is a standard method of compressing graphic images. It stands for joint photographic expert group, a joint working group of international standardization organization iso and international electrotechnical commission iec. First time mutual fund investors and investors with existing folio can complete kyc. The business world is full of words, phrases, abbreviations and acronyms that are often used interchangeably.
General areas of outcomes or outputs for which a role is responsible. Convert kra to pdf with reaconverter batch conversion software. Possible kra meaning as an acronym, abbreviation, shorthand or slang term vary from category to category. If so, then life plan is the next event that you need to do. Current model and documentsdata for crossborder electronic data exchange in eac sct eac partner states have adopted a destination model of cargo clearance in which assessment, collection of taxes and other levies is done at the first point of entry while the goods are still at the first point of entry. What are key result area kra and key performing indicator. The purpose of this post is to underline the basic differences between the concept of kra and kpa.
Apr 03, 2017 kpi key performance indicators and kra key result area are determined by the mission, vision, and strategy how the objectives of the organization will be achieved of a company. Kra is the key result area, which includes the deliverables and the scope to deliver them. Convert kra to pdf with reaconverter batch conversion. In other words, a kra is a task that youre expected to perform, and a kpi measures how well you have performed it. An important use of kras is in the segregation of duties. Nov 30, 2019 historically, the ksa framework was associated with the u. Kra key responsibility area format in excel hr letter formats. Full form kra key result area kpi key performance index. In management, key responsibility areas are used in the assignment of task and duties to employees. Kra stands for key result area each role in a company generally has a number of kras, which define the key areas that the employee needs to produce results in for example, for a hr manager, one of the key result areas might be recruitment.
While we do not yet have a description of the kra file format and what it is normally used for, we do know which programs are known to open these files. Aug 01, 2016 kra key result or responsibility area kpi key performance indicator kra is nothing but set of expectations which are defined beginning of year for employee. Are you ready to join the tons of people who are absolutely making this new year the best life possible. There may be one or more areas assigned to each individual or department on which they are evaluated. Target decided to achieve in particular spam of time. However a basic model explaining the kra can be discussed as follows. It is the strategic factor, implicit or explicit to the firm, from where favourable outcomes can be attained, to reach the final goal and take a step ahead towards the organizations vision. Ethnologue lists 95 languages in the family, with 62 of. Kra pin refers to a personal identification number that is issued by kenya revenue authority kra to both kenyan residents and nonkenyan residents. Karvy kra kyc services is provided to you by karvy data management system. Dec 06, 2012 key result area kra and key performance areakpa, though the terms hold different meaning but are often used interchangeably and more or less assumed to have same applicability. The term outlines the scope of the job profile, and captures almost 80%8% of a work role. Key result area in simple terms may be defined as primary responsibilities of an individual, the core area which each person is accountable.
A business that clearly identifies and buys its people into kpis and kras will perform better because everyone will be very clear on what is trying to be achieved, job satisfaction will increase, and ambiguity will decrease. How to write goals kras for sales, marketing, hr, it, and finance. What are the difference between kpi and kra in bpo. To give some context to this example, this is a kra for a technical consultant. Kra stands for key responsibility areas and directly follow from job description of an employee. If you are searching for what is the full form of kra, get top full form here.
If youre looking for the difference between kpis, kras and okrs, you can find that article here. The key result area or kras is a concept on which the individual performance is measured and these are the activities which have an impact on the bottom line of the business. So you can save the time and energy you would lose with doing repetitive operations. If your company is going to operate in the fast lane of todays business world, youve got to know the jargon and what it means. Kra key result or responsibility area kpi key performance indicator kra is nothing but set of expectations which are defined beginning of year for employee. Click on the alphabet to view abbreviation starts with selected alphabet. Jan 29, 2016 a key result area kra is an strategic factor either internal to the organization or external, where strong positive results must be realized for the organization to achieve its strategic goals, and therefore, move toward realizing the organizations longer term vision of success. Its agencies applied the knowledge, skills, and abilities model to its recruiting activities for many years, although the practice has lately been phased out in favor of resumefocused recruiting.
Key result area defines the main job responsibility of an individual, company or. See more other advanced images editing programs, such as adobe photoshop, but it is free. Kra are always developed after the definition of job purpose. Kra what does kra stand for in organizations, education. For example, as a content writer, your kra would be to produce content that performs and ranks well.
Kenya revenue authority, is an agency of the government of kenya that is responsible for the assessment, collection and accounting for all revenues that are due to government, in accordance with the laws of kenya. Kra key result areas or kras refer to general areas of outputs or outcomes for which the departments role is responsible. Kra would provide information about all assigned task to employee and expected out of. Every day thousands of users submit information to us about which programs they use to open specific types of files. Kra key responsibility area format in excel hr letter. Pdf the mission, vision, and philosophy of the institution serve as a guide for creating objectives and goals of. Cams kra the one stop shop for all mutual fund kyc services from cams. It will populate your kra pin number and in the tax obligation income tax resident. How to write goals kras for sales, marketing, hr, it, and. The importer is responsible for applying for the idf but may use a clearing and forwarding agent to consult or input this into the orbus system. An individual income tax return is a declaration of income earned by an individual within a particular year. Aug 18, 2017 kpi is a quantifiable measure, meaning that it gauges the performance of a product, service or the business unit in the market, in quantitative terms. This term is less known in business, yet it is as important.
It is used most often with its file name extension. Krita offers layer and color management, the possibility to add filters and effects to images, mirroring and symmetry tools, multiple brush. Key result areas kras broadly define the job profile for the employee and enable them to have better clarity of their role. Full form of kra full form directory full form dictionary. Kra fullform what is key result area kra edumantra. A key performance indicator kpi is a measurable value that demonstrates how effectively a company is achieving key business objectives.
Key result area in simple terms may be defined as primary responsibilities of an individual. You can file your individual income tax returns for a particular year of income, anytime between 1st january to 30th june of the following year. We know 85 definitions for kra abbreviation or acronym in 5 categories. Pdf format is a file format developed by adobe in the 1990s to present documents, including text formatting and images, in a manner independent of application software, hardware, and operating systems. Camskra also offers kyc services to sebi registered stock brokers, commodity brokers on opening of security market accounts. The main objectives of the employee in an organization. A key result area kra is an strategic factor either internal to the organization or external, where strong positive results must be realized for the organization to achieve its strategic goals, and therefore, move toward realizing the organizations longer term vision of success. They are goals which should pass the test of being specific, measurable, achievable, relevant and time. Analysis of the kra data identified test results for 86 percent of children who were enrolled in the child early reading development and education program cerdep which is statefunded, full day 4k in school year 2017 18 and took the kra as kindergartners in the fall of 2018.
Nov 23, 2017 kpi key performance indicator is the metric that quantifies a kra key result area. Know your customer kyc is a onetime exercise made mandatory to invest in mutual funds and cams kra offers these services very efficiently to you, through pan india network of customer service centers cscs conveniently located in your nearest city. Kra are the quantitative and qualitative items that defines the goals of an individual or a department based on some particular areas assigned to them. Each employee has responsibilities based on their job role. A key result area kra is an strategic factor either internal to the organization or external we help our clients focus, make better decisions and grow by instilling the ability to think and act strategically. As against, kra or otherwise called as key result area can be described as the major areas, that requires exceptional performance, so as to survive and obtain a competitive position in the market. The key difference between kpi and kra is that kpi is a quantifiable metric used to evaluate the achievement of an objective whereas kra is a strategic area where excellent. Every employee in an organization is given specific kras for which he or she is exclusively responsible. The key difference between kpi and kra is that kpi is a quantifiable metric used to evaluate the achievement of an objective whereas kra is a strategic area where. 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. Key difference kpi vs kra kpi key performance indicators and kra key result area are determined by the mission, vision, and strategy how the objectives of the organization will be achieved of a company. Pdf philosophy and objectives as kra key result area.
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