Designing strategic enterprise risk management (ERM) through key risk indicators (KRIs) is critical for ensuring the success of your credit union. By aligning ERM with business strategy and effectively developing KRIs, your credit union can increase the likelihood of meeting its strategic objectives. Boards and management are seeking ways to consistently enhance their governance responsibilities, which prompts them to seek pertinent information related to efficiently executing those responsibilities. Developing KRIs around your strategy can help achieve this goal and in turn, provide data needed to help be more effective in meeting the credit union’s strategic objectives.

All organizations need to enhance their ability to see risks before the risks impact business strategies. This webinar will demonstrate how to effectively create KRIs for your strategy through a step-by-step example that can be implemented within credit unions today.

Learning Objectives:

• List examples of strategic risk


• Identify topic definitions


• Give examples of developing a key risk indicator (KRI)


• Recognize strategic objective examples


• Evaluate KRI for opportunities