For any organization, developing and articulating your risk appetite is crucial in order to define and guide the degree of freedom that your employees have in taking and accepting risks.
The development of a risk appetite statement should be a joint responsibility between executive management and the board of directors (or governing body for non-commercial organizations). Ultimately, risk appetite is owned by the board, which should give sign-off and approval.
This requires the board to be "on board" with the whole process, providing input and challenges in all stages from risk appetite development to final approval - and thus needs education, facilitation and alignment to bring everyone to an agreed view.
Join David Tattam, Protecht’s Chief Research and Content Officer, and Michael Howell, Protecht’s Research and Content Lead, for this insightful webinar that takes a practical approach to how you can best get your board on board.
Driven by the presenters’ many years of experience developing risk appetites in collaboration with Protecht clients, this webinar considers best-practice approaches, the steps in the process, and the facilitation skills required to make agreement happen.
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