The difference between a kra and a kpi strategy management. Kra what does kra stand for in organizations, education. Know about kra confidential only for internal use page 6 4. Around 93 million people speak kradai languages, 60% of whom speak thai. 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. Key result area meaning set of activities on which performances are rated.
Target decided to achieve in particular spam of time. Click on the alphabet to view abbreviation starts with selected alphabet. Difference between kpi and kra with comparison chart. Nov 23, 2017 kpi key performance indicator is the metric that quantifies a kra key result area. Nov 30, 2019 historically, the ksa framework was associated with the u. 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.
The business world is full of words, phrases, abbreviations and acronyms that are often used interchangeably. Every day thousands of users submit information to us about which programs they use to open specific types of files. Possible kra meaning as an acronym, abbreviation, shorthand or slang term vary from category to category. First time mutual fund investors and investors with existing folio can complete kyc. However a basic model explaining the kra can be discussed as follows. Dec 24, 2010 greetings, kra is the key result area, which includes the deliverables and the scope to deliver them. 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. 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. How to write goals kras for sales, marketing, hr, it, and finance. Kra key responsibility area format in excel hr letter formats. In management, key responsibility areas are used in the assignment of task and duties to employees. 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. 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.
What is the full form of kra, what does kra stand for. If you are searching for what is the full form of kra, get top full form here. Are you ready to join the tons of people who are absolutely making this new year the best life possible. It is used most often with its file name extension. What are key result area kra and key performing indicator. You mentioned this concept is new, so request you to read the following discussion where it has been defined. 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. 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. 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. Difference between kpi and kra compare the difference.
Each department will use different kpi types to measure success. They are goals which should pass the test of being specific, measurable, achievable, relevant and time. What are the difference between kpi and kra in bpo. 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. It stands for joint photographic expert group, a joint working group of international standardization organization iso and international electrotechnical commission iec. Pdf the mission, vision, and philosophy of the institution serve as a guide for creating objectives and goals of. The portable document format pdf 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. See more other advanced images editing programs, such as adobe photoshop, but it is free. Convert kra to pdf with reaconverter batch conversion software. 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. 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. Jan 20, 2019 on your itax account top panel menu, click on returns and then file nil return.
Based on the postscript language, each pdf file encapsulates a complete description of a fixedlayout flat document, including the text, fonts, vector graphics, raster. Full form of kra full form directory full form dictionary. So you can save the time and energy you would lose with doing repetitive operations. The term outlines the scope of the job profile, and captures almost 80%8% of a work role. In other words, a kra is a task that youre expected to perform, and a kpi measures how well you have performed it. Employees are solely responsible for the specific kras assigned to them. Kra would provide information about all assigned task to employee and expected out of. Kra key result areas or kras refer to general areas of outputs or outcomes for which the departments role is responsible. Key result areas or kras refer to the general metrics or parameters which the organisation has fixed for a specific role. Key result area in simple terms may be defined as primary responsibilities of an individual. If youre looking for the difference between kpis, kras and okrs, you can find that article here. Focused area organization goals description of key result area agreed objectives.
An important use of kras is in the segregation of duties. To give some context to this example, this is a kra for a technical consultant. Kra are always developed after the definition of job purpose. Kyc verification has been made common across all sebi regulated entities eliminating the need to repeat kyc every time you open an account with any of the security market entities. If so, then life plan is the next event that you need to do. Visit edumantra for all short form to full form and get full form pdf. Convert kra to pdf with reaconverter batch conversion. Are you looking for or need to have a new kra pin today. To be filled at the end of the year support function.
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. There may be one or more areas assigned to each individual or department on which they are evaluated. 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. The purpose of this post is to underline the basic differences between the concept of kra and kpa. Kpi key performance indicator is the metric that quantifies a kra key result area. Every employee in an organization is given specific kras for which he or she is exclusively responsible. Key result area defines the main job responsibility of an individual, company or organization.
Oct 07, 20 kra stands for key responsibility areas and directly follow from job description of an employee. Kras might fall within the scope of key performance areas kpa. We know 85 definitions for kra abbreviation or acronym in 5 categories. How to write goals kras for sales, marketing, hr, it, and. 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. 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.
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. A key performance indicator kpi is a measurable value that demonstrates how effectively a company is achieving key business objectives. This term is less known in business, yet it is as important. For kra we have found 85 definitions what does kra mean. 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. Karvy kra kyc services is provided to you by karvy data management system. One of the popular terms in business is kra, which stands for key result area. Organizations use kpis at multiple levels to evaluate their success at reaching targets. Employees are predominantly appraised on their mutually agreed kras. 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. Kra pin refers to a personal identification number that is issued by kenya revenue authority kra to both kenyan residents and nonkenyan residents.
Kras document the specific areas in which an employee is expected to work. Sep 06, 2012 focused area organization goals description of key result area agreed objectives. 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. Key result areakra and key performance areakpa hrdictionary. Additional kra areas can include special projects, assistance on sales proposals, etc. Each employee has responsibilities based on their job role. Historically, the ksa framework was associated with the u. The program supports a series of features that are similar with. On your itax account top panel menu, click on returns and then file nil return. Cams kra the one stop shop for all mutual fund kyc services from cams.
It refers to specific areas of outcomes for which an employee is responsible. Dear friend, while you have shared the format, you have not shared the actual kras as such. Analysis of kindergarten readiness assessment kra results. Know about kra confidential only for internal use page 3 the other sealant features of kras are. Kra genealogy this is an open forum to discuss the origin, the meaning and the family stories of the surname kra. 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. 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. 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. Krita offers layer and color management, the possibility to add filters and effects to images, mirroring and symmetry tools, multiple brush. 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. 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. Kra is an image format associated with an open source digital painting program called krita. 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. 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.
Difference between kpi and kra with comparison chart key. Both your knowledge and the oral tradition of the origin and meaning of this surname will be helpful. 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. 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. Karvy data management services limited, 46, avenue 4, street no. The main objectives of the employee in an organization. Highlevel kpis may focus on the overall performance of the business, while lowlevel kpis may focus on processes in.
As a consultant, youll have at least two key result areas. Based on the postscript language, each pdf file encapsulates a complete description of a. Every individual with a kra pin is required to file this return. 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. Key result area can be understood as the fundamental areas of the outcome, for which a department is accountable. 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. Key result area in simple terms may be defined as primary responsibilities of an individual, the core area which each person is accountable. A key performance indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. The article excerpt presented to you, explains the difference between kpi and kra, in a detailed manner. 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.
It is a standard method of compressing graphic images. It will populate your kra pin number and in the tax obligation income tax resident. 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. Camskra also offers kyc services to sebi registered stock brokers, commodity brokers on opening of security market accounts. An individual income tax return is a declaration of income earned by an individual within a particular year. 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. General areas of outcomes or outputs for which a role is responsible. List any classes you plan on taken between now and year end or classes youve already taken.
Kra stands for key responsibility areas and directly follow from job description of an employee. 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. Kra is the key result area, which includes the deliverables and the scope to deliver them. Pdf philosophy and objectives as kra key result area.
For example, as a content writer, your kra would be to produce content that performs and ranks well. Finally, the last kra should be your learning goals for the year. See the list of programs recommended by our users below. 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. Kra key responsibility area format in excel hr letter. 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. Employees are predominantly appraised on their mutually agreed kra s. 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.
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