KRA-key result area 
KPI-key production interest
      Hr manager always thinks abt hw to enhance the result 
n production through human resource available to them so 
here two terms KRA n KPI explains the result area n the 
production area.


                         Amit Kumar
                         IFIM-bschool 
                         Bangalore

sorry guys KPI is an acronym of key performance 
indicator.....

KRA = Key Result Areas
they are the results or outcomes of general areas for which 
a particular department is responsible. A particular job 
roles entails about 3-4 KRA's.

KPI = Key performance indicators
KPI's are attributed to the individual job role or 
department. they can have effect on producitvity or 
business. They can be measured ( usually self measured).

For, e.g KRA of H.R - Performance Management
KPI= Performance Appraisal to be done once in a year 
atleast.

KRA stands for Key Result Area
How it works I will try to explain. 

At first the BOD(Board of Directors) decides upon the 
Objectives of the company and set a period specific target. 
This Target becomes the KRA of the CEO. 
Then it get divided till it reaches the bottom most rung. 
KRA of each person is linked and fulfillment of KRA will 
lead to fulfillment of objective set by BOD. Hence, if one 
person fail it will hamper the attainment of the desired 
result. 

KPI’s
‘Knowledge, Skills and Abilities’ - Key Performance 
Indicators. Tasks that have been agreed between an employee 
and line manager/HR with an expectation that they will be 
completed satisfactorily in the time agreed or as an 
ongoing task.