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  CHRISTOPHER WHITWAM July 15, 2011 22:31

  Omoniyi although I understand your interest I think the chances of getting a realistic answer is remote you state the same sector therefore probably in competition therefore with the level of company awareness establish by internal or third party assessment, the result of the assessment would be company confidential so I cannot see anyone being open and willing to publish this information for comparision,
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  Padmavathi June 30, 2011 8:39

  Interview the Finance Manager with a questionnaire

   
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  Roger Dabbah June 10, 2011 17:09

  
  
  Roger Dabbah said:

  I prefer to call it "Risk Maturity". One can make an analogy with the CMMI and develop a system called " Risk Maturity" that will include some of the items in the response received.. For example, level 1 will include a number  of items or the lack of them; level 2 will include some risk  interest..etc. Anyone would like to participate in such an approach.

  Roger Dabbah

  rdabbah@verizon.net
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  Roger Dabbah June 10, 2011 17:09

  I prefer to call it "Risk Maturity". One can make an analogy with the CMMI and develop a system called " Risk Maturity" that will include some of the items in the response received.. For example, level 1 will include a number  of items or the lack of them; level 2 will include some risk  interest..etc. Anyone would like to participate in such an approach.

  Roger Dabbah

  rdabbah@verizon.net
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  Martin Davies June 3, 2011 6:29

  How to measure Risk Awareness between two companies :

   

  Build a questionnaire that interrogates management and staff with respect to what they see existing in their firm from a risk perspective, including some of the following:

   

  [] Does your organisation capture and classify loss data?

  [] Do you as a staff member assess and report the position of your controls?

  [] Have you run a risk register for your department?

  [] Do you have an economic capital program in place?

  [] Do you model risk metrics using Value at Risk historical?

  [] Do you stress test your VaR models?

  [] Do you have policy on limits?

  [] Do you have planned procedures for Business Continuity?

   

  … and so on.  You need to develop the complete questionnaire for assessing any organisation for its appetite for measuring and control risk.

   

  I wrote a blog that overlaps your requirement here only the other day http://causalcapital.blogspot.com/2011/05/operational-risk-framewor...

   

  The fifty or so components that should be in place to engage a professional risk practice.

   

  Rgds,

   

  Martin.

  

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