Risk Appetite vs Risk Tolerance

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Lyrics

[Verse 1]
Board meetings buzzing with strategic debate
Risk appetite sets the corporate gate
How much danger will we embrace willingly
For returns that fuel our company
While tolerance marks the maximum edge
Beyond which we fall off the ledge
One's desire, one's capability
Two different risk realities

[Chorus]
Appetite wants, tolerance can
AWTT - remember the plan
Appetite's the hunger we choose
Tolerance caps what we can't lose
Set your thresholds, make them clear
Communicate from here to there
AWTT keeps it straight
Want versus what you can take

[Verse 2]
CFO drafts the risk parameters
Appetite high for new ventures
But tolerance low on liquidity
Cash flow needs stability
Investment committee weighs each proposal
Against both metrics for disposal
Strategic boldness meets prudent limits
Balance sheet constraints within its digits

[Chorus]
Appetite wants, tolerance can
AWTT - remember the plan
Appetite's the hunger we choose
Tolerance caps what we can't lose
Set your thresholds, make them clear
Communicate from here to there
AWTT keeps it straight
Want versus what you can take

[Bridge]
Quantify in dollar amounts and ratios
Variance reports and portfolio shadows
Cascade downward through divisions
Executive alignment in decisions
When appetite exceeds your tolerance band
Recalibrate or make a stand
Risk governance demands precision
Not emotional collision

[Verse 3]
Operating units need translation
Of corporate risk navigation
Department heads require training
On threshold limits and their meaning
Monthly dashboards track the metrics
Red zones trigger analytics
Culture shift from gut to data
Systematic risk regatta

[Final Chorus]
Appetite wants, tolerance can
AWTT - stick to the plan
Appetite's the hunger we choose
Tolerance caps what we can't lose
Document frameworks, audit trails
Governance never fails
AWTT keeps organizations straight
Want versus what you can take

[Outro]
Risk appetite drives the vision forward
Risk tolerance keeps you anchored

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