Firms fail to unlock benefits of key risk indicators
Risk culture and data problems have besieged KRI programmes, say the authors of a new book
Key risk indicators (KRIs) have been considered “the holy grail of risk management” for the past 15 years, but the measures have failed to live up to their potential, argue two operational risk practitioners in a new book from Risk Books.
In Key risk indicators, Ann Rodriguez, the former enterprise and op risk leader at GE Capital, and Viney Chadha, operational risk analytics leader for GE Capital Americas, examine the reasons why KRIs have failed to meet firms’ expectations and offer advice on
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