Are you hungry for a better approach to risk appetite?
Norman Marks discusses points from a recent paper, Feeling hungry? A simpler, more intelligent approach to risk appetite, written by Chris Burt of Halex Consulting.
strategic risk management
Are you hungry for a better approach to risk appetite?
While the cost of control is certainly something to consider, there are times (many, many times) when more risk should be taken because of the potential for increased reward.
Time to wake up to risk reality
For 11 years, the ERM Initiative at North Carolina University has surveyed executives (this year they were again all financial executives) about what they call “the current state of risk oversight processes in organizations of all types and sizes to obtain an understanding of the relative maturity of underlying activities executives and boards use to monitor the rapidly changing risk landscape”.
