David Hillson is a recognised global authority on risk management, with a reputation and track record of blending leading-edge thinking with practical expert application. David is a frequent author and speaker on risk.

• Contents: Foreword; Preface; Why is risk appetite important?; The risk appetite story so far; Terminology wars; Putting the pieces together: the RARA model; Applying the RARA model: making risk-informed decisions; Practical implications: what can we measure?; Using the RARA model in practice; Conclusions; Index.

’...while many organisations, across various industries, are talking about risk appetite, the majority are struggling to define and measure it. This short but comprehensive guide provides a practical approach to do just that...In a nutshell, the book successfully delivers an insight into risk appetite, how to measure it and, above all, how to implement the RARA model and use it in key decision-making. The best part? Human factors are well catered for (risk culture, decision-making and risk leadership). In conclusion, this is an interesting insight for risk management academicians and a must-read for practitioners to take the subject forward.’ Monika Narula, Risk Management Professional ’...this is another intriguing title from Gower’s Short Guides to Business Risk series and it’s clear the authors are well versed on the subject in hand. Risk appetite is a complex subject and Hillson and Murray-Webster tackle it well with useful definitions from regulators, standards, professional associations and reputable consultants.’ Quality World, March 2014

David Hillson is a recognised global authority on risk management, with a reputation and track record of blending leading-edge thinking with practical expert application. David is a frequent author and speaker on risk.

• Contents: Foreword; Preface; Why is risk appetite important?; The risk appetite story so far; Terminology wars; Putting the pieces together: the RARA model; Applying the RARA model: making risk-informed decisions; Practical implications: what can we measure?; Using the RARA model in practice; Conclusions; Index.

’...while many organisations, across various industries, are talking about risk appetite, the majority are struggling to define and measure it. This short but comprehensive guide provides a practical approach to do just that...In a nutshell, the book successfully delivers an insight into risk appetite, how to measure it and, above all, how to implement the RARA model and use it in key decision-making. The best part? Human factors are well catered for (risk culture, decision-making and risk leadership). In conclusion, this is an interesting insight for risk management academicians and a must-read for practitioners to take the subject forward.’ Monika Narula, Risk Management Professional ’...this is another intriguing title from Gower’s Short Guides to Business Risk series and it’s clear the authors are well versed on the subject in hand. Risk appetite is a complex subject and Hillson and Murray-Webster tackle it well with useful definitions from regulators, standards, professional associations and reputable consultants.’ Quality World, March 2014

David Hillson is a recognised global authority on risk management, with a reputation and track record of blending leading-edge thinking with practical expert application. David is a frequent author and speaker on risk.

• Contents: Foreword; Preface; Why is risk appetite important?; The risk appetite story so far; Terminology wars; Putting the pieces together: the RARA model; Applying the RARA model: making risk-informed decisions; Practical implications: what can we measure?; Using the RARA model in practice; Conclusions; Index.

’...while many organisations, across various industries, are talking about risk appetite, the majority are struggling to define and measure it. This short but comprehensive guide provides a practical approach to do just that...In a nutshell, the book successfully delivers an insight into risk appetite, how to measure it and, above all, how to implement the RARA model and use it in key decision-making. The best part? Human factors are well catered for (risk culture, decision-making and risk leadership). In conclusion, this is an interesting insight for risk management academicians and a must-read for practitioners to take the subject forward.’ Monika Narula, Risk Management Professional ’...this is another intriguing title from Gower’s Short Guides to Business Risk series and it’s clear the authors are well versed on the subject in hand. Risk appetite is a complex subject and Hillson and Murray-Webster tackle it well with useful definitions from regulators, standards, professional associations and reputable consultants.’ Quality World, March 2014