Risk Management and Key Performance Indicators
Risk Management and Key Performance Indicators: A Study In Profit & Growth Through Proactive Management by Joanne Bronish
English | July 23, 2024 | ISBN: N/A | ASIN: B0CW1JWZ2S | 134 pages | PDF | 17 Mb
English | July 23, 2024 | ISBN: N/A | ASIN: B0CW1JWZ2S | 134 pages | PDF | 17 Mb
Business profitability and growth are primary factors in determining business strategy and goals. By utilizing and integrating the two power tools of risk management and key performance indicators you can position your organization to move toward a proactive management style that supports these goals. This book provides practical guidance on how your company can incorporate this approach without utilizing large dollar expenditure for consulting fees and/or internal resources. By understanding the common risks related to functional operations and aligning them with key performance indicators, your management can proactively respond to issues as they arise. The value added aspect is huge as rework and quality issues will be reduced. Sunk costs do to inadequate product development can be reduced or eliminated. The latter is significant if you consider that company growth is primarily supported through new product development. This book provides details on the importance of collaboration between the three functions most involved in the product development process and therefore growth and profitability of your company.