Posted on May 22, 2014 by

Risk Appetite establishes clear boundaries

By defining a clear statement of risk appetite, the board and executive can establish clear boundaries within which the organization can execute the strategy and manage risk. It also provides the foundation for cascading the strategy and risk management disciplines through the organization, thus shaping the organization culture. Read more in the Risk-Based Performance Management book #RBPM www.riskbasedperformance.com