Key Risk Indicators (KRI) for Quality Improvement Performance Indicators
KRI (Key Risk Indicators) allows BI professionals from the Quality area
measure and control business risks.
KRI for Quality business niche
The KRI for Quality Improvement Performance Indicators may address such indicators as:
- quality improvement
- quality maintenance perspective
- % of products confirming to pre-set quality standards
- % of processes with best practices
- number of stages at which quality is checked.
- % increase in quality improvement budget
- quality ingredient perspective
- number of quality measures in line with industrial benchmarks
- % of inputs according to the standards
- pace of information flow
- variation in outputs
- internal processes assessment
- number of procedures to share skills
- number of quality improvement concepts used
- % of total processes that need improvement measures
- number of systems and procedures to enhance internal quality assurance level
- training and continuous learning
- % employees who participate in quality enhancing acts
- number of training hours
- number of quality awareness programs held on a yearly basis
- self quality enhancement sessions conducted yearly
Why BI and risk specialists from the Quality should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Quality 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;
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