The whole concept of risk-appetite is total nonsense

The concept of risk-appetite has been around for years, yet so many risk practicioners still find themselves confused and unsure how to quantify, formalise and document it. Well, the short answer is YOU DON’T NEED TO. There is a better way. First, disclaimers. The following article only applies to non-financial companies, just like everything else…… Continue reading The whole concept of risk-appetite is total nonsense

Practical Risk Appetite Masterclass

Practical Risk Appetite Masterclass

8 – 9 May 2017 | Kuala Lumpur

This masterclass will cover practical ideas to identify, validate, develop and document risk appetites for different strategic, operational and financial business decisions. Learn how the concept of risk appetite, risk tolerances and risk limits transitioned from financial services to corporate world and lost all its meaning along the way.

Alex Sidorenko, author of the Guide to Effective Risk Management, will provide no-nonsense, practical ideas for turning risk appetite from an artificial and theoretical concept to a valuable management tool. A tool that the company management will want to use every day when making decisions.

Together we will investigate the nature of business decisions, the ugly side of cognitive biases and conflicts of interest and how the application of risk appetite, risk tolerances and risk limit