Q&A

What's Your Risk Appetite?

Hoarding cash? Stifling innovation? Mark Carey of Deloitte & Touche looks at how companies do (or should) think about risk-and-reward decisions in uncertain times. Part of the Security Predictions series.

By Mark Carey

Risk appetite and how often a company considers it is really tied back to how much change is going on in the environment -- whether its change that is driven by external factors, like in the market today, or if its change being driven by an acquisition, merger, or major expansion. That level of change in and around an organization is what drives the frequency with which you might reevaluate your risk appetite. I'm not suggesting every time you launch a new product, you reevaluate your risk appetite. I'm really referring to major changes in the organization.

As told to Senior Editor Joan Goodchild. Mark Carey is a Partner in the Deloitte & Touche Governance and Risk Oversight practice. Carey's focus is on enterprise risk management and his responsibilities include supporting the delivery of governance, risk and compliance related services.

• Email
• Print
• Comments
• Digg This
• SlashDot

• Security Predictions: What Happens Next?
• Jeff Spivey on Enterprise Risk Management
• New Security Leadership: The Basics
• Understanding Risk, Post-Katrina
• Frank Bernhard: The Art of Uncertainty
• CSO Disclosure Series | Reporter's Notebook: The United States of TMI