Risk Framework – 5 by 5 Associates Ltd

Unlocking value – from Risk Management to Risk Intelligence

25th May 2017AlistairRisk FrameworkRisk Appetite, Risk Tolerance

In a previous post we looked at the breadth of activities covered by an effective organisational risk framework – illustrating the competency needed in the leadership team, but not offering a view on prioritising. Here we look at risk appetite as being a good starting point for driving value from risk management processes – whether

How should effective Boards “do” risk ?

2nd March 2017AlistairRisk FrameworkRisk intelligence

This question is usually addressed in terms of whether or not “risk’ should be part of the remit of a separate Board committee – reducing to a one-dimensional response balancing the benefits the focussed scrutiny a separate committee can offer against concerns that “risk” then becomes divorced from the more general Board oversight and decision making responsibilities.