Chapter 12: Measuring Performance At Intuit

Chapter 12: Measuring Performance At Intuit

How do Key Risk Indicators help companies identify emerging risks?

How do Key Performance Indicators help companies to manage existing risks?

If measuring performance is not a component of an ERM program, what is the effect on the overall quality of the program?

Solution Preview

Measuring Performance at Intuit

How do Key Risk Indicators help companies identify emerging risks?

Key risk indicators play a critical role in organizations’ ability to identify unfavorable events that can have devastating effects on their operations. This is because the key indicators monitor an entity’s changes in levels of risk exposure and subsequently provide risk management teams with early warnings.

(410 words)