Gartner Research

Develop a Catalog of Key Risk Indicators to Support Corporate Performance

Published: 02 February 2010

ID: G00173781

Analyst(s): Paul Proctor , Michael Smith

Summary

Key risk indicators are leading indicators of factors that can negatively impact performance, and should be accommodated as part of performance management. KRIs can also help risk domain managers align risk management with the business strategy.

Table Of Contents
  • Overview
  • Identifying KPIs
  • Seven Guiding Principles for KRI Development
  • Correlation and Causality
  • Direct Causality vs. General Causality
  • An Example of Mapping KRI to KPI
  • How to Use KPIs and KRIs to Improve Business Performance
  • Guidance for Risk Domain Managers

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