Common use of Risk appetite Clause in Contracts

Risk appetite. The main focus of private sector risk management is on maintaining and enhancing profitability. In contrast, the public sector focuses on the fulfilment of objectives and delivery of a beneficial outcome in the public interest. Mintek, as a Schedule 3 Public Entity, is positioned between the private and public sectors. Mintek must adopt well-managed risk taking where it is likely to lead to improvements in service delivery. It is recognised that risk taking is essential if Mintek is to innovate and improve. Mintek’s risk appetite is reflected in our strategic objectives. Our overall portfolio of risks must be balanced to ensure, as far as possible, that the mix of risks remains tolerable.

Risk appetite. The main focus of private sector risk management is on maintaining and enhancing profitability. In contrast, the public sector focuses on the fulfilment of objectives and delivery of a beneficial outcome in the public interest. Mintek, as a Schedule 3 Public Entity, is positioned between the private and public sectors. Mintek must adopt well-managed risk taking where it is likely to lead to improvements in service delivery. It is recognised that risk taking is essential if Mintek is to innovate and improve. Mintek’s Mintek‟s risk appetite is reflected in our strategic objectives. Our overall portfolio of risks must be balanced to ensure, as far as possible, that the mix of risks remains tolerable.

Risk appetite. The main focus of private private-sector risk management is on maintaining and enhancing profitability. In contrast, the public sector focuses on the fulfilment of objectives and delivery of a beneficial outcome in the public interest. MintekXxxxxx, as a Schedule 3 Public Entitypublic entity, is positioned between the private and public sectors. Mintek Xxxxxx must adopt well-managed risk taking where it is likely to lead to improvements in service delivery. It is recognised that risk taking is essential if Mintek is to innovate and improve. Mintek’s risk appetite is reflected in our its strategic objectives. Our Its overall portfolio of risks must be balanced to ensure, as far as possible, that the mix of risks remains tolerable.