personal risk capacity & risk appetite (edition 1)
DESCRIPTION
Personal Risk Capacity & Risk Appetite Concept -- Edition 1TRANSCRIPT
PERSONAL RISK CAPACITY AND RISK APPETITE CONCEPT
RISK CAPACITY or RISK-TAKING CAPACITY
RISK APPETITE
WILL, DETERMINATION
PHYSICAL FACTOR EMOTIONAL FACTOR
NEGATIVE IMPACTS ON OTHERS
RELATIONSHIPS WITH OTHERS
AGE HEALTH
TIME
KNOWLEDGE EXPERIENCE
CAPITAL
FRIENDS ETC. IMAGE, REPUTATION, ETC.
PAWASAK K. VERSION #02 : 19-JUL-2012 NOTE : FROM PERSONAL AND WORKING EXPERIENCES
TAKE RISK TREAT RISK TRANSFER RISK TERMINATE RISK
PERSONAL RISK CAPACITY AND RISK APPETITE CONCEPT
PAWASAK K. VERSION #02 : 19-JUL-2012 NOTE : FROM PERSONAL AND WORKING EXPERIENCES
RISK CAPACITY or RISK-TAKING CAPACITY
RISK APPETITE
WILL, DETERMINATION
PHYSICAL FACTOR EMOTIONAL FACTOR
NEGATIVE IMPACTS ON OTHERS
RELATIONSHIPS WITH OTHERS
AGE HEALTH
TIME
KNOWLEDGE EXPERIENCE
CAPITAL
FRIENDS ETC. IMAGE, REPUTATION, ETC.
TAKE RISK TREAT RISK TRANSFER RISK TERMINATE RISK
DECISION-MAKING COST
Each person has
different cost when
making a decision,
resulting in different
risk-taking capacity
and risk appetite.
Often, this cost is
outweighed by a
person’s will or
determination.