Key Result Areas and KPIs (Key Performance Indicators)

Key Result Areas and KPIs (Key Performance Indicators)

1. KRAs & KPIs Knowing what they Are & How to Write Them

2. The Precursor -1

3. The Precursor -2

4. KRAs : Key Result Areas “ Key Result Areas ” or KRAs, also called “Key Performance Areas” (KPAs) refer to general areas of outcomes or outputs for which a role , or a combination of roles, is responsible. These are the areas within the organization where an individual or group , is logically responsible / accountable for the results.

5. Role of KRAs Clarify Role Align the roles to the organization's business or strategic plan Focus on results rather than activities Communicate the role’s purposes to others Prioritise activities, and improve time/work management Make value-added decisions A typical area targets three to five KRAs.

6. Some of the Key Result Areas New Product Development

7. R emember to focus on why the job exists and not on what the person does what WE do ? (“I fix machinery”) what our job title is (“I’m an Engineer”) BUT why our job exists, which is the vital one (“I keep the plant operating”) FOCUS : why our job exists

8. Example

9. Another Example