Original Source: Workiva by Kseniya Strachnyi
Key risk indicators, operational risk, risk mitigation—these terms pop up in most content focused on risk management. But, these terms aren’t often used in a way that provides guidance on improving processes. We all need to understand what role KRIs play in risk mitigation, but do we all know how to get started turning concepts into action? This blog by Kate Strachnyi provides a substantive introduction to a realistic KRI framework that any company can use as a foundation for a robust and customized risk management strategy…
Contributors: Open SourceCategories: Industry Articles, SIG U Resource
SRC Type: Risk Management, Sourcing Management, Third Party Management