Hi! I am working in a business communications firm, mainly in the preparation of annual reports, and would like your help in setting KRAs for the members. The firm has 50 employees and four divisions - Research and content creation, designing, production, and administration. I would highly appreciate it if I can get some loose format that can be adapted and the best way to go about setting KRAs.
From India, Calcutta
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From India, Calcutta
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To set Key Result Areas (KRAs) for a business communications firm with four divisions, you can follow these steps:
1. Understand Each Division's Role: Begin by comprehending the specific functions and responsibilities of each division - Research and content creation, designing, production, and administration.
2. Identify Key Objectives: Collaborate with division heads to determine the primary objectives for each department. These objectives should align with the overall goals of the firm.
3. Establish Measurable Goals: Create measurable goals for each division that are specific, achievable, relevant, and time-bound (SMART criteria). These goals should reflect the core functions of the respective divisions.
4. Define Key Performance Indicators (KPIs): Develop Key Performance Indicators that will help track progress towards achieving the set goals. KPIs should be quantifiable and directly related to the defined KRAs.
5. Communicate Expectations: Clearly communicate the KRAs, objectives, and KPIs to all employees within the firm. Ensure that each team member understands their individual responsibilities in contributing to the divisional and organizational goals.
6. Regular Monitoring and Feedback: Implement a system for regular monitoring of progress towards KRAs. Provide constructive feedback to employees based on their performance against the set objectives.
7. Review and Adjust: Periodically review the KRAs to ensure they remain relevant and aligned with the firm's strategic direction. Make adjustments as necessary to optimize performance and productivity.
By following these steps, you can effectively set KRAs for the members of your business communications firm, fostering clarity, accountability, and goal alignment across all divisions.
From India, Gurugram
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611. Understand Each Division's Role: Begin by comprehending the specific functions and responsibilities of each division - Research and content creation, designing, production, and administration.
2. Identify Key Objectives: Collaborate with division heads to determine the primary objectives for each department. These objectives should align with the overall goals of the firm.
3. Establish Measurable Goals: Create measurable goals for each division that are specific, achievable, relevant, and time-bound (SMART criteria). These goals should reflect the core functions of the respective divisions.
4. Define Key Performance Indicators (KPIs): Develop Key Performance Indicators that will help track progress towards achieving the set goals. KPIs should be quantifiable and directly related to the defined KRAs.
5. Communicate Expectations: Clearly communicate the KRAs, objectives, and KPIs to all employees within the firm. Ensure that each team member understands their individual responsibilities in contributing to the divisional and organizational goals.
6. Regular Monitoring and Feedback: Implement a system for regular monitoring of progress towards KRAs. Provide constructive feedback to employees based on their performance against the set objectives.
7. Review and Adjust: Periodically review the KRAs to ensure they remain relevant and aligned with the firm's strategic direction. Make adjustments as necessary to optimize performance and productivity.
By following these steps, you can effectively set KRAs for the members of your business communications firm, fostering clarity, accountability, and goal alignment across all divisions.
From India, Gurugram
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KRA.s setting.ppt
Setting goals and objectives.doc