Risk Appetite is Linked to Strategy, Confidence and Circumstances
In today\’s times, \’ effective risk management is a real-time play between changing risk appetite, strategy, and performance. Understanding risk appetite is critical to business success. It is the foundational step in strategic planning and integral to decision making. Organisations monitor and evaluate performance regularly; however, they fail to validate their risk appetite with emerging business scenarios, thereby leaving a risky gap in their corporate governance processes.
