The Risk Summit 2011

November 3rd 2011
  • The Willis Building, London

The 2011 Risk Summit gathered 120 senior risk executives for an informative, eye-opening discussion on emerging risks. Held at the amazing Willis Building in the City, the day was structured with interactive workshops and debate with leading speakers including:

Philippa Malmgren, President, Principalis AM

The Right Honorable Michael Portillo

Kieran Foad, Chief Risk Officer, Northern Rock

Jonathan Sands OBE, Chairman, Elmwood

 

     

 

A FLAVOUR OF THE PROGRAMME

This year's programme both surprised and engaged our audience. It had a variety of formats that provided fresh perspectives and challenging new approaches. Delegates enjoyed scenario planning in real-time. 

Black Box
Business leaders were challenged with real life crises and had to go through a detailed analysis of their company’s response to it, moment by moment in our workshops. A panel of experts (reputation managers, journalists, lawyers, strategists) then discussed what responses were good decisions and what were bad  before  revealing the response that were actually taken. 

Debate & Workshops
Two opposing responses to a particular risk or crisis go head-to-head. A scenario is posed on stage, and the audience work on their tables to design a strategy in response. The tables report back and an on-stage panel of experts gives a live analysis of each table’s ideas. The best strategy wins a prize.  


08.15REGISTRATION AND REFRESHMENTS
09.00WELCOME AND CHAIR'S OPENING REMARKS
Andrew Palmer, Finance Editor, Business Affairs, The Economist
 ANTICIPATING
09.05

OPENING KEYNOTE: Uncertain World

Uncertainty breeds opportunity as well as risks, and many of the risks can be measured. But what about those risks that are unquantifiable? Pippa will talk about these.

Pippa Malmgren, President and Founder, Principalis Asset Management

09.35

GLOBAL TRENDS: the future they will create and the risks they have in store 

A panel of experts will help you understand emerging risks facing business in the next 3 years.  They will provide crucial insights into some of the most powerful global trends, revealing truths (and busting some myths) about…

• Cities
• Emerging Markets
• Demography

They will then join a discussion about the big question: When are these trends opportunities, and when are they risks?

Sylvia Chant, Professor of Development Geography, London School of Economics and Political ScienceSimon Roberts, Anthropologist, ReD Associates
Jonathan Sands OBE, Chairman, Elmwood

  MITIGATING
10.35

INTRODUCTION TO WORKSHOPS

LED BY: Regester Larkin

Mike Regester, Director, Regester Larkin
Andrew Griffin, Chief Executive, Regester Larkin
Alexandra Durnford, Associate Director, Regester Larkin

10.45BREAK
11.10

WORKSHOPS: What does a resilient company look like?

Join an expert-led small group discussion about how a particular emerging risk could affect your business. Test your current strategy and build a more robust one. Small groups will be presented with a crisis that has major implications for their companies. They will discuss strategies to face such scenarios. Each group will report back the responses and insights that were discussed.

LED BY: Regester Larkin

Mike Regester, Director, Regester Larkin
Andrew Griffin, Chief Executive, Regester Larkin
Alexandra Durnford, Associate Director, Regester Larkin

12.15

The Antidote to Ambiguity

The kinds of problems companies are facing today are ambiguous, not complex. But most systems for addressing risk are about addressing complexity, not ambiguity. Companies are great at solving highly complex problems, but poor at solving ambiguous ones. Dev will share how hybrid thinking is the answer to solving ambiguous challenges.

Dev Patnaik, Founder and Chief Executive Officer, Jump Associates

12.45

EXPERT FEEDBACK

Our panel of expert group-leaders take the stage to feed back from group discussions, highlighting where emerging risks are presenting particular dangers and how companies are responding.
They will refer to the findings of Economist Intelligence Unit research about how global businesses are responding to these dangers.

LED BY: Regester Larkin

Mike Regester, Director, Regester Larkin
Andrew Griffin, Chief Executive, Regester Larkin
Alexandra Durnford, Associate Director, Regester Larkin

13.10 LUNCH
14.10RISK MANAGER SPOTLIGHT

The session begins with a brief, hard-hitting examination of a current news issue. A panel of Chief Risk Officers will discuss how firms should respond to it, to mitigate the risk.

Keiran Foad, Chief Risk Officer, Northern Rock
 Luke Savage, Director,  Finance, Risk Management, and Operations, Lloyd's of London

14.55 COFFEE BREAK
  PREPARING
15.25

BLACK BOX: Real-time enactment of how to manage the press in a high-profile corporate disaster

How can you maintain and even grow trust after a corporate disaster? Media, public relations and spin experts analyse how a hypothetical corporate crisis evolves in the press, online and in social networks, sharing tips on how you should manage the public presentation of a high-profile disaster.

George Bridges, Quiller Consultants
Mils Hills, Founding Partner, Cortex Group
The Right Honourable Michael Portillo

16.10

A FRESH VIEW ON THE FUTURE: Risks on the horizon

Mark will give his view on the future and the risks it will bring with it.

Mark Stevenson, Author of An Optimist's Tour of the Future

16.40CHAIR'S CLOSING REMARKS
16.50DRINKS RECEPTION

Andrew Palmer, Finance Editor, Business Affairs, The Economist

Having gained extensive experience as The Economist's Banking Correspondent, management correspondent and more recently the Finance Editor, Andrew has become a leading commentator on the financial services industry.

The Right Honourable Michael Portillo

What should companies know about managing their reputation in the press after they have faced a corporate disaster? We will play out a hypothetical disaster, showing how it evolves in the public eye. Hear Michael's unique experiences.

Pippa Malmgren, President, Principalis AM

Pippa advises investment banks, fund managers, hedge funds, sovereign wealth funds, pension funds and corporations on the risks to the portfolio you can't quantify: politics, policy and geographics.

Jonathan Sands, Chairman, Elmwood

Jonathan provides an eye-opening, whirlwind tour of all you didn't know about emerging markets, and what Western companies need to know about them if they are to survive.

Keiran Foad, Chief Risk Officer, Northern Rock

Keiran will talk about managing unquantifiable risks at an organisation that has learned invaluable lessons from seeing through a crisis.

Luke Savage, Director, Finance, Risk Management and Operations, Lloyd's of London

Luke is responsible for Finance, Risk Management, and Operations at Lloyds. Lloyds is the world’s only insurance market so he has a unique perspective to share on emerging risks to business and how they can be managed.

Mark Stevenson, Author of An Optimist's Tour of the Future

Mark will provide fresh ideas about what the future holds and what new risks it could present to business.

Dev Patnaik, Founder and Chief Executive, Jump Associates

Dev understands how companies can create strategies for companies that face not just uncertainty but ambiguity. He will talk about how to mitigate the risks that ambiguity presents and, perhaps more importantly, how to find the opportunities.

Sylvia Chant, Director of the MSc Urbanisation and Development, London School of Economics

Sylvia's role teaching courses on urbanisation and development at LSE makes her the perfect person to talk about the opportunities and challenges that cities will pose for business in the next 10 years. © Photo by Danielle Da Silva.

Mils Hills, Anthropologist with expertise in disaster and emergency planning

His interest is in how people behave under pressure. He will focus on how companies and their leaders should respond to unexpected crises not dwelling on expected threats.

Simon Roberts, Anthropologist, ReD Associates

Simon’s expertise is in using demographic trends to create competitive advantage. He understands the risks as well as the opportunities that demographics can present to companies, and how one can easily turn into the other.

To view the available speaker presentations from the day please click on their picture below.  
We will be adding more presentations in the coming days so please do return to our website.

  

*Please note that the presentations are password protected.

“Stimulating – prompts rethinking”
Tim Palmer, Chief Risk Officer,
HSBC Global Asset Management

“Excellent”
Simon McCready, Group Risk Director, Virgin Media

“High level view of macro risk/risk management excellent”
Sean O’Flaherty, Risk Methodology and Reporting Lead, Old Mutual Group

“Very professional and interesting approaches to the theme”
Nuno Galveia, Corporate Sector Strategy Manager, Vodafone Group

“Very informative and relevant”
Lorraine Dixon, Head of Legal and Compliance, Generali

“Excellent inspiration on risk management”
Thomas Blomgren-Hansen, Director, Country Risk, Credit and International Department, EKF

“Makes a good change to get a varied perspective”
Robert Smith, Group Risk Director, Fidelity Investment Managers

“Excellent – exceeded my expectations. Covered a range of very relevant and actual topics we all face on a day-to-day basis”
Boaz Schechter, Risk Manager, Investec Bank

“Good broad coverage of risk topics. Interesting variety of speakers”
Alastair Goddin, Group Head of Risk Management, Omega

“Very useful with a multitude of differing views”
Ian Sumner, Audit and Corporate Risk Manager, Mothercare

“Provocative. Challenged conventional risk management thinking and the status quo.
Risk management is now in a new era”
Malcolm Zack, Audit Director, Brakes Group

“Very informative and exceptionally thought provoking as to practical application”
Arun Chauhan, Partner & Joint Head of Fraud and Asset Recovery Dept, Challinors

“Continued the trend of previous years, thought-provoking and informative”
Kevin Thomas, Group Head of Risk, Centrica

“An excellent coverage of economic, political and business risks and how they interconnect.
Risks and rewards should be viewed together”
Nuria Urena, Risk Manager, Assurant

“A generator of ideas”
David Millar, Chief Operating Officer, PRMIA

Gold sponsors:

 

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

We support our 147,000 members and 424,000 students throughout their careers, providing services through a global network of 83 offices and centres.

 

 

Willis

Risk beyond the horizon
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