Target Risk: This paper was wriiten following a recent enquiry about “target risk”. In particular we were asked if we knew of other organisations using the concept of target risk and if so how were they defining it? In essence we were asked to explore whether there is a definition in general usage so that our client could gauge whether they were being consistent with that general usage. Given that this exercise was done by talking to other clients, contacts and consultants, we are now sharing the results of that exercise. To see a copy of the paper click here.

 

Risk Appetite - reality v. aspirations: This paper has been written following on from a discussion on LinkedIn about Risk Appetite. The on-line discussion was followed by a real discussion at the Institute of Risk Management. The aim is to develop some practical guidance on the subject, which will be the subject of a follow on paper in due course. I am truly grateful to all those who took part in the discussion and especially to those who have allowed me to quote them in the paper. To see a copy of this paper click here.

For some comments on this paper and some interesting additonal comments, see Norman Mark's blog here...   Also, follow the discussion on the Enterprise Risk Management Association group on LinkedIn, or on the IRM group also on LinkedIn.