What are some SMART KPIs for risk managers and risk owners?

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Product Management Analyst in Manufacturing2 years ago

These SMART KPIs can assist risk managers and risk owners in efficiently managing and mitigating risks inside a company while ensuring alignment with its strategic goals and compliance needs.

Some SMART KPIs for risk managers and risk owners are: risk identification, risk assessment, risk mitigation, risk monitoring and reporting, risk communication, and risk response evaluation

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Increased efficiency92%

Less demand7%

Proven outcomes – Documented success stories and measurable KPIs32%

Implementation confidence – Detailed plan, risk mitigation, and resource readiness43%

Total cost – Clear TCO, price protections, and exit terms42%

Innovation & future readiness – Ability to scale, adapt, and support emerging needs14%

Vendor relationship strength – Cultural fit, governance model, and executive commitment14%

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