Evaluate your risk appetite with a simple yet effective template
When talking about risk appetite, we are looking at how organisations make conscious choices about risk-taking. It is the foundation of your risk management, the building blocks upon which all your risk management decisions are built.
But risk appetite goes beyond simply stating what risks and losses you are willing to accept. Observing and analysing your implemented controls and monitoring systems is of equal importance.
With our interactive template, you can easily reflect on the acceptance level of the following aspects:
Watch our video on the different approaches, building blocks and the RCA matrix framework.
This interactive canvas & video is part of the BDO Risk Blueprint, a 10-part series on the fundamentals of risk management.
Check out the other topics, useful templates and practical case studies right here.
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