A Short Guide to Risk Appetite

’...while many organisations, across various industries, are talking about risk appetite, the majority are struggling to define and measure it. This short but comprehensive guide provides a practical approach to do just that...In a nutshell, the book successfully delivers an insight into risk appetite, how to measure it and, above all, how to implement the RARA model and use it in key decision-making. The best part? Human factors are well catered for (risk culture, decision-making and risk leadership). In conclusion, this is an interesting insight for risk management academicians and a must-read for practitioners to take the subject forward.’ Monika Narula, Risk Management Professional ’...this is another intriguing title from Gower’s Short Guides to Business Risk series and it’s clear the authors are well versed on the subject in hand. Risk appetite is a complex subject and Hillson and Murray-Webster tackle it well with useful definitions from regulators, standards, professional associations and reputable consultants.’ Quality World, March 2014