# Risk Appetite

**Canonical URL:** https://www.skillcast.com/courses/fundamentals-of-risk-management-4-risk-appetite-training-course
**Canonical link:** `<link rel="canonical" href="https://www.skillcast.com/courses/fundamentals-of-risk-management-4-risk-appetite-training-course">`
**Provider:** Skillcast
**Jurisdiction:** Global
**Library:** Global Risk Management
**Duration:** 40 minutes
**Format:** In-depth
**Experience level:** For All Staff
**Accreditation:** IIRSM
**Topics:** Risk Management
**Last updated:** 2023-10-01

## Description

Attitudes to risk can vary considerably across a spectrum of risk-taking. Some businesses and sectors are more risk averse, while others are more open to taking on risk. The amount and type of risk a company is willing to take to meet its strategic objectives is known as its risk appetite. By setting a risk appetite and communicating it effectively to all staff, companies establish a risk threshold. Our Risk Appetite course explains why setting a risk appetite is important and how to implement this model in your company.

## Learning Objectives

- Define risk appetite and its role and importance in our Company's overall risk management framework
- Apply the risk appetite model in your day-to-day role
- Recognise who takes ownership of risk appetite management and learn about your responsibilities in this area
- Write risk appetite statements
- Communicate and document risk appetite actions

## Structured data (JSON-LD)

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  "description": "Attitudes to risk can vary considerably across a spectrum of risk-taking. Some businesses and sectors are more risk averse, while others are more open to taking on risk. The amount and type of risk a company is willing to take to meet its strategic objectives is known as its risk appetite. By setting a risk appetite and communicating it effectively to all staff, companies establish a risk threshold. Our Risk Appetite course explains why setting a risk appetite is important and how to implement this model in your company.",
  "url": "https://www.skillcast.com/courses/fundamentals-of-risk-management-4-risk-appetite-training-course",
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    "Recognise who takes ownership of risk appetite management and learn about your responsibilities in this area",
    "Write risk appetite statements",
    "Communicate and document risk appetite actions"
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