Chapter 6 - Focus On Key Result Areas
“When every physical and mental resource is focused, one’s power to solve a
problem multiplies tremendously.” (Norman Vincent Peale)
Why are you on the payroll? This is one of the most important
questions you ever ask and answer, over and over again, throughout
your career.
As it happens, most
people are not sure exactly why they are on the
payroll. But if you are not crystal clear about why it is that you are on
the payroll and what results you have been hired to accomplish, it is
very hard for you to perform at your best and get paid more and
promoted faster.
In its simplest terms, you have been hired to get specific
results. A
wage or a salary is a payment for a specific
quality and quantity of
work that can be combined with the work of others to create a
product or service that customers are willing to pay for.
Each job can be broken down into about five to seven key result
areas, seldom more. These are the results that you absolutely,
positively have to get to fulfill your responsibilities and make your
maximum contribution to your organization.
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Key result areas are similar to the vital functions of the body, such as
blood pressure,
heart rate, respiratory rate and brainwave activity.
An absence of any one of these vital functions leads to the death of
the organism. By the same token, your failure to perform in a critical
result area of your work can lead to the end of your job as well.
For example, the key result areas of management are: Planning,
Organizing, Staffing, Delegating, Supervising,
Measuring and
Reporting. These are the results that a manager must get to succeed
in his or her area of responsibility.
There is essential knowledge and skill that you must have for your
job. These demands are constantly changing. There are core
competencies that you have developed that make it possible for you
to do your job in the first place. But there are always key results that
are central to your work and which determine your success or failure
in your job.
A key result area is defined as something for which you are
completely responsible. This means that if you don't do it, it doesn't
get done. A key result area is an activity that is under your control. It
is an output of your work that becomes
an input or a contributing
factor to the work of others.
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The starting point of high performance is for you to first of all
identify the key result areas of your work. Discuss them with your
boss. Make a list of your output responsibilities and make sure that
the people above you, next to you and below you are in agreement
with it.
For example, for a salesperson, prospecting and opening new
accounts is a key result area. This activity is
the key to the entire sales
process. Closing a sale is a key result area. When the sale is made, it
triggers the activities of many other people to produce and deliver
the product or service.
For a company owner or key executive, negotiating a bank loan is a
key result area. Hiring the right people and delegating effectively are
both key result areas. For a receptionist or secretary, typing a letter or
answering the phone and transferring
the caller quickly and
efficiently are defined as key result areas. A person’s ability to
perform these tasks quickly and well largely determines their pay
and promotability.
Once you have determined your key result areas, the second step is
for you to grade yourself on a scale of 1-10 in each of those areas.
Where are you strong and where are you weak? Where are you
getting excellent results and where are you underperforming?
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