LF logo
by learnformula
search
Log in
search
Courses/Business/Business Risk Management

Integrating Risk Appetite into Business Decision Making

Using the RAS to ensure consistency.

Created byDenise Cicchella
4.8
(194 reviews)
IntermediateUpdated Mar 3, 2025
Integrating Risk Appetite into Business Decision Making

What You'll Learn

check_circleUnderstand Risk tolerance and why Risk Gap may occur
check_circleLearn what an RAS is and how it can be used to standardize decision making
check_circleGet a feeling for risk around improper decision making - whether playing it too safe or too risky
check_circleDiscover industry best practices for writing an RAS
check_circleTalk about the evolving role of ERM and how they can help decrease risk gaps

About This Course

This course provides a comprehensive understanding of how to align an organization's risk appetite with strategic and operational decision-making and decision makers. Participants will explore the foundational concepts of risk appetite, its role in shaping corporate strategy, and practical approaches to embedding it into day-to-day business operations. Learners will develop skills to assess, articulate, and apply risk appetite frameworks to drive informed, balanced, and effective decision-making.

Key topics include:

  • Defining and quantifying risk appetite in diverse organizational contexts through the use of Risk Appetite Statements
  • The interplay between risk appetite, culture, and governance and why non-compliance can happen.
  • Identifying risk appetite thresholds, gaps, and types and their impact on strategic goals
  • Integrating risk appetite into performance management and resource allocation. 
  • The evolving role of ERM.
  • Tools and methodologies for monitoring and reporting risk appetite alignment

 

This course is ideal for risk managers, business leaders, and decision-makers seeking to enhance their organization's resilience, agility, and long-term success through thoughtful risk management practices.

Your Instructor

Denise Cicchella
Denise Cicchella

Certified Internal Auditor, Certified Fraud Examiner, Certified Construction Auditor, Project Management expert and Author

menu_book9 courses
star729 reviews

Denise has been a Certified Internal Auditor and Certified Fraud Examiner for over 20 years. She has a specialization in Construction Audit and is a management consultant, specializing in Training and Professional Development. She has authored several books including: Construction Audit Handbook: Overview, Monitoring and Auditing, Effective Auditing for Corporates, Construction Audit - Building a Solid Foundation; and Essentials of Construction Management.

Credit Information

What Students Are Saying

4.8
Student's Choice
194 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.