Hard choices slow us down. Last week I wrote about ensuring staff understand the organisation’s appetite for risk to speed up decision making. I have also been heard to say that helping organisations articulate their appetite for risk is one of the hardest things I am asked to do. Why? Because it is hard to
Results for: risk appetite statement
KRI Measures that Transform
I’m on holidays right now and wrote this in the Qantas Club last week. Earlier this year I wrote some blogs using stories from my holidays. I hope to come back with some more beauties for you. Three of the stories were about risk appetite. One of the conversations I often have when discussing risk
EnWronG
My last two blogs were about risk appetite and they got me thinking about a conversation I had back in 2001. I was in a corporate role and I was deciding between setting myself up as a consultant or taking a different path in corporate. Being a risk guy at the time I applied for
For Corporate Service Teams
Want a great strategy?
It’s funny how everyone wants a great strategy but not everybody wants to deal with the risk of achieving the strategy. I think it is because the following statement is true: “Risk management is good management.” Hence most of us will think and sometimes say, “Doing my job is managing risk”. And most of us