What do you mean by KPI & KRA?

Question

Accepted Answer

KPI stands for Key Performance Indicator and KRA stands for Key Result Area.

KPIs are measurable values that indicate how effectively an individual or organization is achieving their objectives.
KPIs are used to track progress, identify areas for improvement, and measure success.
KPIs are specific to each role or department and can vary depending on the goals and objectives.
KRA refers to the main areas of responsibility or outcomes that an individual or team is expected to achieve.
KRAs are broader than KPIs and define the key areas where performance is critical.
KRAs are used to align individual or team goals with the overall objectives of the organization.
For example, in a quality management role, a KPI could be the percentage of defects in a product, while a KRA could be improving overall product quality.

Accepted Answer

KPL help companies set goals for their employees and measure performance based on those objectives successful companies split the overall organisation goals

Accepted Answer

Work direction and work target

Accepted Answer

Key performance indicator & key responsibility area

Accepted Answer

KPA - key performance area & KRA - key responsibility area.

What do you mean by KPI & KRA?

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