Goal / KRA Setting SOP (Draft)

1. Purpose

To provide a structured process for setting goals and Key Result Areas (KRAs) for all employees, ensuring alignment with organizational objectives, fairness in performance measurement, and clarity of expectations from the beginning of each cycle.

Outcome:

Employees understand what is expected, managers can track what is delivered, and leadership can connect individual performance to business strategy.


2. Scope

This SOP applies to:

  • All confirmed employees (probationers follow the 30-60-90 SOP in Stage 4).
  • Annual and quarterly performance cycles.
  • All departments, roles, and levels.

3. Roles & Responsibilities

RoleResponsibilities
EmployeeDraft initial goals aligned with role and department priorities; discuss with manager; commit to measurable KRAs.
ManagerTranslate organizational/department goals into team KRAs; validate employee goals; ensure measurability; provide feedback.
HRProvide standardized templates; conduct orientation on goal-setting; track completion status; facilitate calibration.
LeadershipApprove final frameworks; ensure cascading of company strategy into functional and role-level goals.

4. Goal / KRA Setting Process

StepOwnerActionTimelineOutput
1. Strategy CascadingLeadership + HRDefine annual business goals & break into departmental priorities.Start of cycle (e.g., April)Departmental Goal Sheet
2. Template DistributionHRShare Goal/KRA Setting Template with managers & employees.Within 1 week of cycle startStandardized Template
3. Drafting GoalsEmployeeDraft individual goals linked to role deliverables.Week 1–2Draft Goals
4. Manager ReviewManagerValidate goals against SMART criteria (Specific, Measurable, Achievable, Relevant, Time-bound).Week 2–3Reviewed Goals
5. Alignment MeetingEmployee + ManagerDiscuss & finalize goals; adjust based on role clarity & team priorities.Week 3Agreed Goals
6. HR AuditHRCheck completion status; flag gaps/missing KRAs; ensure fairness across teams.Week 4HR-Validated Goal Sheet
7. Final ApprovalLeadership (if required for senior roles)Approve finalized goals.Week 4Finalized KRAs
8. DocumentationHRUpload finalized KRAs into HRIS/Performance system.By end of monthRecord in HRIS

5. Guidelines for Goal Setting

  1. SMART Framework: All goals must be Specific, Measurable, Achievable, Relevant, and Time-bound.
  2. Balanced KRAs:
    • Quantitative (revenue, delivery timelines, defect rates, client satisfaction scores).
    • Qualitative (collaboration, innovation, cultural alignment).
  3. Weightages:
    • Each goal is assigned a weightage (%).
    • Total weightages must equal 100%.
    • Typical split: 70% functional goals, 30% behavioral/values.
  4. Linkages:
    • Individual goals must link to team and organizational objectives.
    • EVP pillars (Growth, Impact, Culture, Rewards, Balance) must be reflected.
  5. Review Frequency: Goals are reviewed quarterly and may be adjusted for business priorities.

6. Tools & Templates

  • Goal/KRA Setting Template (Excel/HRIS) – standardized sheet for employees & managers.
  • KPI Dictionary – reference document defining standard KPIs by function/role.
  • Performance Tracker – digital dashboard for monitoring progress.

7. Compliance & Monitoring

  • HR to ensure 100% goal-setting completion within the first month of each cycle.
  • Any deviations (missing goals, unrealistic KRAs) must be corrected during the HR audit.
  • Annual audit ensures goals are consistently aligned across functions.

8. Review & Ownership

  • SOP Owner: HR Department.
  • Review Cycle: Annual (aligned with performance cycle).
  • Approval Authority: Head of HR in consultation with Leadership.
  • Updated SOP to be stored in HR Policy Repository.