"Empower your business decision-making with a balanced approach to risk." - David Tattam & Brett McLaughlin
Summary
In an era where business risks are more complex than ever, Risk Appetite For Dummies offers a pragmatic guide to balancing risk and reward. Co-authored by Protecht’s co-founder David Tattam with tech industry veteran Brett McLaughlin, this book demystifies the concept of risk appetite, a key pillar of enterprise risk management (ERM).
This eBook provides you with a structured, data-driven framework to articulate, implement, and leverage risk appetite in your organization. A purposefully developed risk appetite is a beacon that can guide your strategic decisions and create competitive advantages.
Reasons to read
- Clarity on risk appetite: Gain a clear understanding of what risk appetite means for your organization and how it can be effectively managed.
- Practical guidance: Learn from real-world examples and actionable advice on setting and achieving organizational buy-in for your risk appetite statement.
- Strategic decision-making: Discover how to use risk appetite to make informed business decisions that align with your company's strategic objectives.
- Expert insights: Benefit from the extensive knowledge and experience of Protecht’s co-founder David Tattam and technology industry veteran Brett McLaughlin.
Who is this for?
This eBook is ideal for:
- Business leaders looking to drive growth with informed risk-taking.
- Enterprise and operational risk managers seeking to enhance their risk management frameworks.
- Vendor/third-party/supply chain, cyber, information security and IT managers
- Compliance officers aiming to ensure regulatory adherence through effective risk appetite articulation.
- Professionals in governance, risk and compliance, legal, and internal audit roles who seek to build awareness of risk and risk appetite concepts among first-line colleagues.
- Any professional interested in fostering a risk-aware culture within their organization.
Learning outcomes
By reading Risk Appetite For Dummies you will:
- Understand how to define and communicate your organization’s risk appetite clearly.
- Learn to embed risk appetite into your business processes, enabling better decision-making at all levels.
- Discover strategies to balance risk and reward, driving your organization towards achieving its strategic goals.
- Access a wealth of knowledge on crafting a risk appetite statement (RAS) that reflects your organizational goals and risk tolerance.
