A clearly understood and articulated statement of risk appetite provides the direction needed to identify acceptable risk treatments and manage risk throughout the organization. When risk appetite is properly understood and clearly defined, it becomes a powerful tool for managing risk. However, thinking about risk appetite is often unclear, definitions can be vague, and the gap between theory and practice can be wide.
This webinar will help you to understand the purpose and importance of the risk appetite statement(s), provide guidance on how an organization's risk appetite should be documented, and how to use risk appetite statements to make strategic decisions on managing risk throughout the organization.
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