Please enable JavaScript.
Coggle requires JavaScript to display documents.
Risk, Risk (Categories of risk (related/correlated, Entrepreneurial,…
Risk
Risk
Categories of risk
related/correlated
Entrepreneurial
Financial
Market
Product
Legal/political
Technological
Health & safety
Environmental
Fraud
Probity
Property
Trading
Disruption
Reputation
Changing culture
Changing risk attitudes
Performance appraisal & measurement
Training & involvement
risk awareness & communication
Control environment
Embedding risk awareness
Management example
Staff committment
Induction & training
Information systems/lines of comms
Assessment & remuneration
Risk management strats
Acceptance
Transfer
Reduction
Avoidance
Types
pure
speculative
particular
fundamental
Risk appetite
Factors influencing
Characteristics of organisation
Response to shareholder demand
Personal views
Risks company is willing to bear
Risk Manager
Responsibilities
Reporting to CEO on progress
Dealing w/ insurance companies
Implementing risk indicators & reports
Establishing common risk management language
Developing risk management policies
Promoting enterprise risk management competence
Leadership, vision & direction
Risk capacity
RIsks company is able to bear
Risk attitude
Director's view on risk they'll tolerate
Subjective risk
Objective risk