If you are going to fully operationalise your Risk Appetite Statement (RAS) you need to go mental. Developing Mental Models is what I am talking about. Let me explain.
Over the past month I have suggested you need to: support your teams by documenting the organisation’s appetite for risk; guide their decision making by reviewing and improving policies, frameworks and procedures to reflect appetite for risk; and working with your teams to discuss how to apply the RAS in decision making.
Now you can







