Session
Michelle will cover The City of Edinburgh Council’s journey on understanding risk appetite and tolerance in alignment with The Orange Book (Risk Appetite Guidance Note) and Institute of Risk Management (Risk Appetite and Tolerance for Practitioners advice).
Michelle will share the level of engagement required with senior leadership teams within the Council, as well as elected members to ensure the methodology was right. This will include risk categories and risk appetite behaviours, and advice on managing tolerance through the use of risk heat maps. Michelle will discuss how risk appetite and tolerance and risk framing is being built into Council committee reports through proformas, ensuring supported decision-making.