Question: How would you use Key Performance Indicators (KPI's) and Key Risk Indicators (KRI's) to report on current and potential risks respectively so that senior managers

How would you use Key Performance Indicators (KPI's) and Key Risk Indicators (KRI's) to report on current and potential risks respectively so that senior managers may take immediate and future strategic risk mitigation measures? In your response please include an example of a KPI and a KRI that could be of interest to senior management.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!