# Draft a risk appetite statement leadership can use

Writes a risk appetite statement with a qualitative stance and measurable limits for each risk category, ready for leadership review.

- Topic: Legal & Compliance
- Framework: Few-Shot
- Level: Standard
- Tags: Leadership, Legal, Strategy, Write, Plan, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/draft-a-risk-appetite-statement-leadership-can-use

## Prompt

```text
Help me draft a risk appetite statement.

**Organization type and size:** [e.g. mid-size insurer, SaaS company, hospital, nonprofit]
**Strategy and objectives:** [what leadership is trying to achieve over the next 3 years]
**Risk categories we use:** [e.g. strategic, financial, operational, compliance, cyber, reputational, people]
**Leadership's views (from interviews or a workshop):** [PASTE notes]
**Regulatory expectations:** [any required elements, or "none"]
**Existing limits or metrics:** [PASTE]

Produce:
1. **Overall statement** - 3-5 sentences on how much risk the organization is willing to take in pursuit of its strategy.
2. **By category** - for each: appetite level (averse / minimal / cautious / open / seeking), a qualitative statement, and 1-3 measurable tolerances or limits. Where I gave no data, write the metric with [SET LIMIT] rather than inventing a number.
3. **Zero-tolerance areas** stated explicitly (e.g. knowing regulatory breaches, bribery, safety).
4. **Tensions** - where my leadership notes conflict (e.g. aggressive growth plus minimal operational risk) with questions to resolve them.
5. **Governance** - who owns it, how breaches of tolerance are escalated, how often it is reviewed.
6. **Cascade guidance** - how business units should translate it into their own limits.

Plain language a new board member could understand. This is a draft for leadership and board deliberation, not a final position.
```

## What to fill in

- e.g. mid-size insurer, SaaS company, hospital, nonprofit
- what leadership is trying to achieve over the next 3 years
- PASTE notes
- any required elements, or "none"
- PASTE
- SET LIMIT

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