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Fall guys: Risk management in the front line is an Economist Intelligence Unit report that examines the changing role and responsibilities of risk management in business. The report is sponsored by ACE and KPMG. The Economist Intelligence Unit bears sole responsibility for the content of this report. Our editorial team executed the online survey, conducted the interviews and wrote the report. The findings and views expressed in this report do not necessarily reflect the views of the sponsor.
Our research for this report drew on two main initiatives:
We conducted an online survey of almost 500 executives from around the world in July 2010. The survey included companies of a variety of sizes from the banking and insurance industries. Three-quarters of respondents have a direct influence on their firm's risk management, either as CEO or board-level executive (32%), as chief risk officer or other dedicated risk executive (20%), or as a non-executive director (23%). A further sample of senior management (26%) was included to test how non-risk executives view the risk function.
To supplement the survey results, the Economist Intelligence Unit conducted a programme of qualitative research that included a series of in-depth interviews with industry experts. The author was Rob Mitchell and the editor was Iain Scott. We would like to thank all those who were involved in this research.