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Protecht Special Edition

Risk Appetite For Dummies.

"Empower your business decision-making with a balanced approach to risk." - David Tattam & Brett McLaughlin

Summary

In an era where business risks are more complex than ever, Risk Appetite For Dummies offers a pragmatic guide to balancing risk and reward. Co-authored by Protecht’s co-founder David Tattam with tech industry veteran Brett McLaughlin, this book demystifies the concept of risk appetite, a key pillar of enterprise risk management (ERM). It provides you with a structured, data-driven framework to articulate, implement, and leverage risk appetite in your organisation. A purposefully developed risk appetite is a beacon that can guide your strategic decisions and create competitive advantages.

Reasons to read

  • Clarity on risk appetite: Gain a clear understanding of what risk appetite means for your organisation and how it can be effectively managed.
  • Practical guidance: Learn from real-world examples and actionable advice on setting and achieving organizational buy-in for your risk appetite statement.
  • Strategic decision-making: Discover how to use risk appetite to make informed business decisions that align with your company's strategic objectives.
  • Expert insights: Benefit from the extensive knowledge and experience of Protecht’s co-founder David Tattam and technology industry veteran Brett McLaughlin.

Who is this for?

This eBook is ideal for:

  • Business leaders looking to drive growth with informed risk-taking.
  • Enterprise and operational risk managers seeking to enhance their risk management frameworks.
  • Vendor/third-party/supply chain, cyber, information security and IT managers
  • Compliance officers aiming to ensure regulatory adherence through effective risk appetite articulation.
  • Professionals in governance, risk and compliance, legal, and internal audit roles who seek to build awareness of risk and risk appetite concepts among first-line colleagues.
  • Any professional interested in fostering a risk-aware culture within their organisation.

Learning outcomes

By reading Risk Appetite For Dummies you will:

  • Understand how to define and communicate your organisation's risk appetite clearly.
  • Learn to embed risk appetite into your business processes, enabling better decision-making at all levels.
  • Discover strategies to balance risk and reward, driving your organisation towards achieving its strategic goals.
  • Access a wealth of knowledge on crafting a risk appetite statement (RAS) that reflects your organisational goals and risk tolerance.

About the authors

Chief Research and Content Officer, Protecht

David Tattam is the Chief Research & Content Officer and co-founder of the Protecht Group. David's vision is to redefine the way the world thinks about risk and to develop risk management to its rightful place as being a key driver of value creation in each of Protecht's customers.

David is the driving force in taking Protecht's risk thinking to the frontiers of what is possible in risk management and to support the uplift of people risk capability through training and content.

Brett McLaughlin is a 25-year tech veteran, whose experience ranges from working on NASA's cloud data program to CTO roles at Volusion, sticky.io, and Carbon6.