Wednesday, 8 June 2011

AIRMIC Conference 2011 - No presentations yet, but...

The AIRMIC conference is chugging away nicely in Bournemouth, and whilst I am not there, I have clocked a few bits of output, most notably a piece of reserach due out next month from Cass Business School called "Asleep at the Wheel" about 7 categories of underlying risks that lead to corporate failure - brief outline here.

The risk profession willl love the seventh item about the Risk Function's concerns hitting the "glass ceiling" - the research will apparently encourage the re-evaluation of procedures and structures in order to avoid this, while auditors and risk professionals will be encouraged to develop "additional skills".

If reverse stress testing is your bag, then this research should be on your shopping list.

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