639 words, 2.4 minutes read. By Gerard Blokdyk

Key Risk Indicator 1 big thing: Proactively analyze leading indicators to create, influence, drive, and deliver results on performance.

The big picture: Develop Information Security (Cybersecurity) and Data Privacy processes and procedures and supports service-level agreements (SLAs) to ensure that effective controls and countermeasures are managed and maintained Ensure key risk indicators documented and are effectively monitored to prevent a negative impact on business objectives and brand reputation.

Why it matters: Ensure your organization reviews current performance indicators to invest in the management of ITS projects, tasks and staff to maximize resource use and minimize business risk.

On the flip side: Oversee that your strategy monitors Key Performance Indicators (KPIs), member insights, and Key Risk Indicators (KRIs); ensures correct data and instrumentation for the involvement and related sub-processes; uses data to improve experiences.

What we’re hearing: “Warrant that your strategy manages the performance of processes by developing control limits, monitoring key performance indicators and informing stakeholders of any deficiencies, improvements, operational risks issues, etc., Project Management Support

What they’re saying: “Be sure your process develops analytical models that leverage relevant data from the Insider Threat detection tools, and other applicable data sources, to identify anomalies potentially indicative of an insider threat., Sourcing Agent II/III – Fleet

Be smart: Build key performance indicators including on boarding, employee engagement, retention, access, diversity, equity, and inclusion in order to align human resources and organizational objectives.

Go deeper: Provide information regarding intrusion events, security incidents, and other threat indications and warning information to teams and leadership in the context of incident response.

The backdrop: Identify, develop and drive implementation of risk measurement techniques and capabilities, including details of key risk indicators, thresholds, and triggers, and response and mitigation requirements to manage third party risk.

What to watch: Generate, analyze, and present reports on quality related Key Performance Indicators (KPI) such as line yields, final release, supplier performance and (internal) customer experiences to internal product improvement teams.

Between the lines: Build rapport across your organization to invest in identifying material risks and forward looking key risk indicators to monitor and report adherence to your organizations risk appetite.

Yes, but: Be certain that your strategy leads the design, implementation and sustainability of operational risk management programs and practices (Scenario Analysis, Event Data Collection, Business Environment Internal Control Framework, Key Risk Indicators).

The bottom line: Apply creativity to continually improve the usefulness and efficiency of Enterprise Risk Management reports to help management evaluate important trends and risk indicators from available data.

What’s next: Be sure your design assists the business in developing effective risk monitoring mechanisms as mitigating controls, Key Risk Indicators (KRI), and control sample testing.

ICYMI: Be sure your group directs Service Providers and direct reports to modify and maintain existing systems to address changes in business processes ensuring contracted key performance indicators are achieved.


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Grainger, Blue Cross and Blue Shield of North Carolina, Johnson Controls, Kaiser Permanente, MasterCard, Health & Human Services Comm, Altice USA, MSCI Inc, BSN Sports, Mintel, Deutsche Bank, TransUnion, Disney Parks, Experiences and Products, UCHealth, McDonald’s Corporate, Corteva Agriscience, Vibrant Emotional Health, Gallagher, Clearent, TradeStation, Bessemer Trust Company, CRATE & BARREL, T-Mobile, FedEx, Capacity LLC, Medtronic, Frontapp, Janus Henderson, Marathon Health, Cvent, Komatsu, Accenture, SSM Health, Cincinnati Children’s Hospital, InspiHER Tech, Klim, Neoleukin Therapeutics, UNITED PARCEL SERVICE, Edelman, W.W. Williams Company, Cushman & Wakefield, Idaho National Laboratory, Benefitfocus, S&T Bank, JM Huber Corporation, Jamestown Distributors LLC, Northern Trust Corp., Brunswick Corporation, DoorDash, Curium Pharma, Coinbase, HD Supply, Black Box, Ascension, United Airlines Inc., PerchHQ, JLL, Abbvie, Google, MetaBank, BVK, State of Rhode Island, MVM, Lockton, Inc., DonorsChoose, SIB Development & Consulting, Trinity Health, Agility Logistics, Enchant Christmas, Delta Faucet Company, SAP, Dormify, Duke Careers, Florida Blue, State of Connecticut – Office of the State Treasurer, Robinhood, ConnectionsAZ, Willis Towers Watson, Midwest Loan Solutions, FedEx Services, Emergency Care Research Institute, Neoleukin Corporation, L3Harris Technologies, bp, Goodwill Industries of Southeastern Wisconsin & Metropolitan Chicago, Baylor Scott & White Health, Advocate Aurora Health, Cardinal Health, Parallon, Carrier Enterprises, Honeywell, KBI Biopharma, New York Life Insurance Co, Tangent Technologies, Abbott Laboratories, Samsung Electronics, Cardenas Market | Cardenas Markets LLC, Kinetic Worldwide, US Military Treatment Facilities under DHA, SanMar, Bright Health, Metropolitan Transportation Authority, Enova International, Planet Fitness World Headquarters, SnapEDA, City Facilities Management (FL) LLC, Rite-Hite, Goldman Sachs, Design Within Reach, Andersen Regional Manufacturing, ADP, Walgreens, Universal Music Group, LPL Financial, IHG Corporate, The Trade Desk, Fastly, WSSC Water, MoneyGram, The Standard, USAA, Dollar General, McKinsey & Company, Pixability, NJ Transit, Briggs and Stratton, BlackRock, Wellington Management, Scholastic, Brightstar Corp., Labcorp, Otsuka, Rochester NY, Cotiviti, Inc., Hasbro, HelloFresh, University of South Alabama, Blank Street, Amgen, Delaware North, Novartis, Blue Cross Blue Shield of Massachusetts, Broward College, Powersolv, Synchrony, T. 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