INTEGRATING STRATEGY & RISK MANAGEMENT VIA RISK APPETITE
Risk-Based Performance Management
Risk-Based Performance Management (RBPM) is a strategic management framework designed to enable firms to sustainably execute strategy while operating within risk appetite boundaries.
By integrating best practices approaches from the fields of enterprise performance management, enterprise risk management and risk appetite, RBPM enables the board and senior management to understand, manage and control the risks facing their firms while building the capability to identify and exploit emerging opportunities to gain and maintain a competitive advantage.
The sin is not to take a risk, but to take a risk that we don't understand and cannot manage.
Strategy Map
What are we trying to achieve?
Risk Map
How much risk are we taking?
