In an organizational perspective, key risk indicators are metrics capable of showing that it is subject to risk/s that may or may not exceeds the defined risk appetite (Wikipedia, 2013).
In an individual perspective, key risk indicators are metrics capable of showing that his/her interest is subject to risk/s that may or may not exceeds the defined risk appetite (Frago, R. 2014).
Standards and/or benchmarks are yardsticks that came to be because a group of people, an associations, a law making body, a community, and/or culture agreed to have one and use it as such. I always see standards as a box, representing all the traditional or accepted boundaries of doing things.
This presentation is just the start of our conversation in bringing to fore KRI and making them clear to all. If you believe as I do that risk-based management is part of our daily life, you will be in terested in KRIs.