Andrew Kakabadse, a prominent professor at Cranfield, spoke at the Economist's Risk Summit last week. Anyone thinking of applying for their MBA, or other programs for that matter, might find some of his views interesting.

Notable quotes were,

"85 percent of directors can?t say what the competitive advantage of their company is.?

He goes on to postulate that risk officers do not want to handle the politics of their organization. That they ?need to get their message through more effectively.? ?The risk officer is just a fall guy unless there is political reform within boards and in how they make decisions.?