Скачать или смотреть Risk Appetite from Concept to Operational Reality: An Inspiring Story

It can be demoralizing to endlessly explain risk concepts just for it all to fall on deaf ears. However, as this conversation with a risk practitioner shows, diligent effort coupled with persistence and patience can break this log jam. It also can be a triumphant day in the career of an ERM professional.

The entire discussion is worth watching, but major points in our conversation include:

0:00 - Introduction

1:15 - The challenge and journey to understanding AND applying risk appetite.

4:45 - The day when the business understood and began asking if more risks could be taken.

7:30 - Was the business coached, or did they just come to ERM for help one day, or both?

11:50 - The business engaging with ERM vs. ERM engaging with the business.

15:00 - Navigating the inevitable conflict in priorities between senior executives and the business.

18:30 - The domino effect of business units understanding AND applying ERM concepts.

21:30 - Key takeaways - Persistence pays off. Keep investing in relationships. Be helpful without being pushy.