60 What is risk appetite and why does it matter?

  Рет қаралды 10,394

RiskDoctorVideo

RiskDoctorVideo

6 жыл бұрын

It isn't easy to describe how hungry we feel when we think about food. But hunger makes us want to eat. The same is true when we think about risk. How "hungry" are we to take risk in our business or projects, or in our personal lives? This is risk appetite, and we need to understand how it drives our approach to managing risk.

Пікірлер: 12
@user-sr9un7zt5v
@user-sr9un7zt5v 8 күн бұрын
It's a great pleasure to listen to your podcast because of its clarity and easy comprehension.
@Risk-Doctor
@Risk-Doctor 8 күн бұрын
Thank you Alexei, I'm glad these videos are helpful for you. From your name, I wonder if you might speak Russian? The Risk Doctor Briefing series is available on our website in Russian (and six other languages) here: risk-doctor.com/briefings/ You might like to take a look.
@user-sr9un7zt5v
@user-sr9un7zt5v 8 күн бұрын
Yes, I'm Russian, but I've been learning English for several years. It's very important to me because of having communication with foreigners
@Risk-Doctor
@Risk-Doctor 8 күн бұрын
I applaud your commitment to communicating widely. I just thought you might like to read some short risk articles in your mother language!
@balukumorris307
@balukumorris307 2 жыл бұрын
David makes risk management very easy even for the pedestrian to understand. Thank you. I want to find out whether He has scheduled webinars for this year.
@Risk-Doctor
@Risk-Doctor 2 жыл бұрын
Thank you Baluku. Webinars and online events happen from time to time on request, but we don't have a defined schedule. But everything is published here, so if you subscribe then you'll be notified when a new video is available.
@coachkagiso1773
@coachkagiso1773 Жыл бұрын
Greatest explaination ,!!!!
@Risk-Doctor
@Risk-Doctor Жыл бұрын
Thanks Coach! I'm glad you enjoyed this one.
@Sumeetkakodkar
@Sumeetkakodkar 3 жыл бұрын
Very nicely explained sir 👌
@Risk-Doctor
@Risk-Doctor 2 жыл бұрын
Thanks, you're welcome!
@sie3946
@sie3946 5 жыл бұрын
RARA Model describes the combination of the risk appetite and risk attitude.
@Risk-Doctor
@Risk-Doctor 2 жыл бұрын
That's right. We need to understand both, and be clear about the difference between them.
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