2 Principle 7: Defines Risk Appetite

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Lyrics

[Verse 1]
Board convenes behind mahogany doors
Setting boundaries for what the company explores
Not a single number on a spreadsheet line
But a compass pointing toward the risk we'll find
Appetite's the hunger for uncertainty's meal
While capacity marks the breaking point that's real

[Chorus]
Appetite, tolerance, capacity - know the three
Appetite guides the entity
Tolerance measures the degree
Capacity guards our destiny
Draw the lines, make them clear
So every choice engineer
Can navigate the atmosphere
Of calculated fear

[Verse 2]
"Moderate risk" means nothing to the field
Vague proclamations make decisions yield
To chaos and confusion in the ranks below
Craft the statement so that all will know
Ten thousand records breached is our red zone
Debt-to-equity at two point zero's throne

[Chorus]
Appetite, tolerance, capacity - know the three
Appetite guides the entity
Tolerance measures the degree
Capacity guards our destiny
Draw the lines, make them clear
So every choice engineer
Can navigate the atmosphere
Of calculated fear

[Bridge]
Qualitative stories wed to quantitative facts
Bridge the chasm between boardroom and acts
When strategy pivots or context transforms
Recalibrate quickly to weather new storms
Watch the delta between what we declare
And the actual risks that people dare

[Verse 3]
Appetite flows from entity heights
Tolerance carves the operational sights
Each objective gets its specific range
While capacity marks what we cannot exchange
Static statements crumble when the market shifts
Dynamic frameworks are governance gifts

[Chorus]
Appetite, tolerance, capacity - know the three
Appetite guides the entity
Tolerance measures the degree
Capacity guards our destiny
Draw the lines, make them clear
So every choice engineer
Can navigate the atmosphere
Of calculated fear

[Outro]
The gap reveals what governance can see
Between our words and reality
Principle seven's wisdom sets us free
Through risk appetite clarity

← 1 Principle 6: Analyzes Business Context | 3 Principle 8: Evaluates Alternative Strategies →