I was invited to speak at the Risk Summit, hosted by the Economist Intelligence Unit (EIU), which took place on 18 th November in London. At the event I was asked to answer the question of how senior executives should view and manage risk now.
The event coincided with the launch of a report by the EIU: ‘Fall guys: Risk management in the front line’. The research, which formed the basis of the report, consisted of both an online survey of some 500 global executives and further qualitative research. It highlighted some interesting points which I have touched on below. I was fortunate to have some of my views outlined below expressed in the report itself.
58% of respondents said that the most important objective of the risk management function was identifying new and emerging risks.
Input from professional risk managers can [...]

When Nada and I read this Economist story about Harvard Business School graduates pledging to act with integrity, our first reaction was one of cynicism. It’s all very well to get students to pledge to “serve the greater good” and “act with the utmost integrity,” but making these anything other than platitudes is difficult.
The question is: has Harvard Business School identified what that greater good is, or is the pledge just window dressing? [...]