As businesses strive to control and mitigate the risks confronting their organizations, they are increasingly relying on Key Risk Indicators (KRIs) to monitor risk drivers and exposures. Today, KRIs have become critical risk management tools. Unlike performance indicators, KRIs are “predictive,” not lagging. Their value lies in their ability to provide insights into potential and emerging risks, so that organizations are better positioned to identify areas where additional controls or mitigation plans may be required. KRIs enable a move away from “reactive” risk management to “proactive” risk management which, in turn, allows organizations to better protect themselves against future risks, while also identifying those risks that can be transformed into opportunities.

It can be quite a challenge to define the appropriate set of KRIs for a business. Each KRI, apart from being forward-looking, has to meet certain requirements to truly provide value. In this discussion, Ariane Chapelle - Professor at the University of Brussels (ULB) and Director of Ariane Chapelle Consulting Ltd, and Kristen Gantt - Regional Vice President Industry Solutions at MetricStream will share their insights on:

  • Features of effective KRIs
  • Challenges in developing KRIs
  • KPIs or KRIs?
  • Indicators: Be SMART
  • Choosing effective predictive KRIs
  • Technology as an enabler for defining and managing KRIs

Join the webinar
The webinar is scheduled to take place on Wednesday, October 3, 2012 at 11 am Eastern Time. To register for this event, and learn more about the webinar and speakers, please click here:

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(

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