as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
in short, answer what are the 6 steps for preventive kris
user
1. identify: key risks to the organization
2. understand: causes and root causes of these key risks
3. recycle: kpis and kcis that can be treated as kris
4. define: missing metrics of key risk drivers
5. design: data capture, frequency, thresholds and reporting governance
6. validate: the preventive nature of kris
assistant