This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print this page

Building a Federal Risk Appetite Framework

Federal CFO Insights


DOWNLOAD  

For a Federal CFO, a formal risk appetite framework is a fundamental tool towards staying “wise” with the risk intelligence framework. By helping leadership manage risks to an acceptable level, a CFO can better balance resources as well as focus his or her time and attention towards innovation and better achieving the agency’s mission. However, a risk appetite framework is only as good as its implementation. To be able to apply a risk appetite consistently across the enterprise, it needs to be aligned to the agency’s strategic plan, as well as integrated into its current ERM and key support function procedures. In a future Federally Technically Speaking, we will address how to apply the risk appetite framework as well as methods for determining how well an agency is staying within its risk appetite.

Download the latest CFO Insights article to learn more.

Related links

Share this page

Email this Send to LinkedIn Send to Facebook Tweet this More sharing options

Stay connected