Key Risk Indicators (KRI) for Product Launch Indicators
KRI (Key Risk Indicators) allows BI professionals from the Management area
measure and control business risks.
KRI for Management business niche
The KRI for Product Launch Indicators may address such indicators as:
- new product launch
- financial perspective
- sales revenue at the different stages of the new product's life cycle
- profit margins at the different stages of the new product's life cycle
- growth in the market share
- cash flow following the launch of a new product
- internal perspective
- budget allocated to budget spent ratio
- npd process (evaluated by the stakeholders)
- marketing mix (evaluated by the stakeholders)
- time allocated for the npd to time actually spent ratio
- resource shortage
- shortage/excess of a product
- growth and development perspective
- employees requiring advanced training with a view to np launch
- new ideas for np suggested by the employees to new ideas accepted for product development and production ratio
- number of successful launches to general number of launches made by the company ratio
- customer perspective
- number of complaints following the launch of the product
- new product as perceived by the customers
- increase in re-purchases following the launch
Why BI and risk specialists from the Management should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Management Evaluation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
|