Thoughts & Musings

RBPM methodology Andrew J Smart RBPM methodology Andrew J Smart

What is Risk-Based Performance Management

Risk-Based Performance Management (RBPM) is a strategic management methodology designed to enable firms to execute strategy while operating within risk appetite boundaries.

By integrating best practices approaches to strategy setting, risk appetite, enterprise performance management and enterprise risk management, RBPM enables the board and senior management to understand, manage and control the risks facing their firms while building the capability to identify and exploit emerging opportunities to gain and maintain a competitive advantage.

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KPIs, KRIs & KCIs – Are they different? If so, does it really matter?
Andrew J Smart Andrew J Smart

KPIs, KRIs & KCIs – Are they different? If so, does it really matter?

Two specific questions that we are often asked are – KPIs, KRIs, KCIs – are they different? And if so, does it really matter?

In our view, the answer to both these questions is YES.

These three types of indicators are used within the Risk-Based Performance Management methodology, they are related and in cases interchangeable however lets start by defining each of these different indicators.

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