In this video, Tom Callaghan defines risk appetite and risk tolerance. Risk appetite is a business decision that is part of a business strategy and an organisation's business objectives. This is most useful as a financial measurement; and the CFO is the person best-equipped to define an organisation's risk appetite. You will see how the CRQ helps defining the risk appetite.


00:00  Introduction

00:30  Definition of risk appetite

01:03  Definition of risk tolerance

01:40  Financial measurement of risk appetite

02:08  The role of the CFO

02:50  What the risk appetite it is useful for?

03:40  Conclusion

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Read our use case: Choose an Efficient Risk Reduction Strategy

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