Results for: risk appetite statement

I have had several reasons to review a few different styles of risk appetite statements lately.  Each time I compared them to my preferred method which is: One statement for each strategic objective/priority (7 +/- 2) Each statement should: State the importance of the objective e.g. “Research and development is an imperative for our future

BWC | RiskNZ Roadshow It’s time to book your seat at one of the events at Bryan's upcoming RiskNZ Training Roadshow. This is an opportunity to enhance your skills and insights in the field of risk management, whilst connecting and networking with your fellow colleagues. Bryan will be offering the following two courses on his

You have a top-notch risk appetite statement, you have started the process of a review of your policies, frameworks, processes and systems to ensure they are aligned by training leaders. Now what? When I run training for leaders to understand their organisation’s risk appetite statement, I ask them exactly the same thing. We discuss how

You have an appetite statement that is expressed in terms of the risk you are willing to take to achieve your objectives and you have started operationalising it via your policies, frameworks, processes and systems. Next is training. Who is going to review all of your key policies, frameworks, processes and systems to ensure they

Now we move onto some specific challenges in the field of enterprise risk management. First up is Risk Appetite. This chapter explains what risk appetite is and is not, including explaining its relationship to organisational capacity to manage and bear risk and where “risk tolerance” fits in. It takes you right through the process I