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- KPI stands for key performance indicators, while KRA stands for key results area. The difference between KRA and KPI is in what they measure. KPIs measure how a system is functioning, while KRAs measure the results from certain actions within a system. The similarity is that both are metrics used to measure the performance of a company or system.
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KRA and KPI determine the effectiveness of organizational strategies. However, like any great duo, they each play different roles to help drive business growth. KRA outlines the responsibilities and roles of employees at their workplace, while KPIs analyze business performance.
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. 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.
The key differences between KPI and KRA are significant as KRA is a strategic concept of framing tasks whereas KPIs measure performances. Let us understand it in brief.
Aug 14, 2024 · Here is the KRA and KPI full form, KRA stands for Key Result Area. It represents important areas where a person or a team is expected to deliver results to help an organisation achieve its goals. On the other hand, a KPI stands for Key Performance Indicator.
Apr 4, 2021 · KRA and KPI are two metrics crucial for determining whether the organizational strategies are moving in the right direction or not. KRA is Key Result Areas while KPI is Key Performance Indicators. KRA talks about the set of expectations that are defined at the beginning of the year to the employees.
Dec 6, 2023 · KPI and KRA are two key measurable values that organizations use to monitor and evaluate their performance. In this article, we will see what these tools actually mean, what are their use cases and what are the differences between KPI and KRA, and also explain how they can play a significant role in driving organizational success.
Sep 5, 2023 · KRA vs. KPI: What’s the Difference? KRA and KPI are two crucial metrics that help you to figure out whether your organization is moving in the right direction or not.
