Risk Appetite: A Practical Approach for Connecting Strategy and Risk
Thursday, October 14, 2021 | 1:00 P.M. EDT
Few concepts have caused more confusion and debate among Enterprise Risk Management practitioners than the elusive topic of "risk appetite." From conflicting or vague definitions to dramatically different approaches, all portrayed as “best practice,” we are a long way from consensus on what risk appetite really is intended to accomplish for an organization.
In this session, Enterprise Risk Management expert Rob Quail will describe a step-by-step approach to understanding an organization’s risk appetite. In particular:
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How does uncertainty create value for the organization?
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Given your mission and values, how much risk should you be willing to accept?
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How do you want decision makers to take risk appetite into account in their day-to-day choices?
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How do you implement and monitor conformance with your risk appetite?
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What roles do the board, CEO, CRO, management, and stakeholders play?
Speakers
Rob Quail, Principal and Owner, Robert Quail Consulting
Scott Fenstermaker, Director, Digital Marketing, Riskonnect, Inc.
Additional Information
Field of Study: Information Technology
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Format: Group Internet Based
CPE Credit: 1
CPE Credit Notice
This is a group internet-based event for NASBA authorized continuing education credit. After the webinar, a Certificate of Completion for the webinar indicating 1 hour of CPE credit will be issued to those interested.
Riskonnect is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.