I am posting the link to Tim Leech’s commentary about the paper titled A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis. If you are not following @LeechGRC on Twitter or read theiia.org, you will likely miss it.
And you should read what Tim has to say.
He writes: “I believe the approach to risk management described in this paper and introduced in the Stamford/Towers Perrin workshop has the potential to literally change the way the world thinks about risk management.”
To follow Tim on Twitter, http://twitter.com/LeechGRC