Risk appetite. Taking and accepting the right amount of risk.

The explicit reference to an organisational risk appetite has been around for a relatively short while. The concept of risk appetite, however, has implicitly been around forever.

Like most aspects of risk management, however, there are those that love risk appetite and those that loathe it and all those in between. 

In order to deliver value, risk appetite should not be considered as a standalone concept. It should be an integral part of the Enterprise Risk Management (ERM) framework and a key part in the wider management framework. It should influence culture and decision making and empower the organisation to take the right amount of risk to achieve the right level of outcomes. 

In this ebook, we will share our experiences, lessons learned, and guidance for benchmarking risk. If you are just starting on your risk appetite journey, the practical planning tools provided will help you get started.

About Protecht

While others fear risk, we embrace it. For over 20 years, Protecht has redefined the way people think about risk. We enable smarter risk taking by our customers to drive their resilience and sustainable success.    We help you increase performance through better understanding, monitoring and management of risk. We provide a complete solution of risk management, compliance, training, advisory and consulting services to businesses, regulators and governments across the world.  Our Protecht ERM SaaS platform lets you manage your risks in one place: risks, compliance, incidents, KRIs, vendor risk, IT and cyber risk, operational resilience, business continuity management, and more.