Practical Risk Appetite & Risk Tolerance
Event submitted on Wednesday, October 21st 2020, approved by Content Team ✓
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Conference Event Summary
The following description was either submitted by the Conference Organizer on Wednesday, October 21st 2020, or created by us.
What is Enterprise Risk Management?
Risk is part of all our lives.
As a society, we need to take risks to grow and develop. From energy to infrastructure, supply chains to airport security, hospitals to housing, effectively managed risks help societies achieve. In our fast-paced world, the risks we have to manage to evolve quickly. We need to make sure we manage risks so that we minimize their threats and maximize their potential.
Risk management involves understanding, analyzing, and addressing risk to make sure organizations achieve their objectives. So it must be proportionate to the complexity and type of organization involved. Enterprise Risk Management (ERM) is an integrated and joined-up approach to managing risk across an organization and its extended networks.
Because risk is inherent in everything we do, the type of roles undertaken by risk professionals are incredibly diverse. They include roles in insurance, business continuity, health and safety, corporate governance, engineering, planning, and financial services.
The Institute of Risk Management’s mission is to build excellence in risk management, in all sectors, and across the world.
About the organizer:
The IRM is the leading professional body for Enterprise Risk Management. We help build excellence in risk management to improve the way organizations work.
We provide globally recognized qualifications and training, publish research and thought leadership, and set professional standards, which define the knowledge, skills, and behaviors today’s risk professionals need to meet the demands of an increasingly complex and challenging business environment.
IRM members work in many roles, in all industries and across the public, private and not-for-profit sectors around the world. We are independent and not-for-profit.
- Relevance to professionals of all levels
- Unique networking opportunities
- Sector and region-specific