Gartner Research

4 Steps to Draft and Operationalize an Effective Supply Chain Risk Appetite Statement

Published: 06 January 2020

ID: G00464977

Analyst(s): Koray Kose

Summary

Defining your risk appetite is key to establishing accountability and readiness for managing risk to drive business success and value creation. This research will enable supply chain leaders to assess risk postures and implement an effective risk appetite.

Table Of Contents

Analysis

Research Highlights

  • Step 1: Develop Risk Appetite Buy-In
  • Step 2: Assess Risk Preferences
  • Step 3: Gather Business Input and Draft Appetite Statements
  • Step 4: Communicate the Supply Chain Risk Appetite

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.