Risk Appetite
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.
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40 Minutes -
For all staff
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Global
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Global Risk Management Library
What you’ll learn in
this course
- 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
Hear from our customers
The range of course libraries are comprehensive and the ability to select from multiple modules was important to us. The Global Library provides courses in multiple languages. We were also impressed with the microlearning modules. The platform is a great option for us and for our business requirements. We can also trust in Skillcast to review and update the modules so that they remain relevant and incorporate the latest developments in regulation.
Feefo Customer Rating ★★★★★ 4.9/5
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