Société Générale SA -- A Sad Tale of Enterprise Risk Blindness

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Société Générale SA -- A Sad Tale of Enterprise Risk Blindness

Posted February 28, 2008 | Leadership | Leadership |

"There was not a culture of excessive risk-taking," or so said Christian Noyer, the current governor of the Bank of France when asked about the problems of the "rogue" trading activities of Jérôme Kerviel at the French bank Société Générale SA (SocGen).

But is Noyer correct?

About The Author

Robert Charette

Robert N. Charette is a Cutter Fellow and a member of Arthur D. Little’s AMP open consulting network. He is also President of ITABHI Corporation and Managing Director of the Decision Empowerment Institute. With over 40 years’ experience in a wide variety of technology and management positions, Dr. Charette is recognized as an international authority and pioneer regarding IT and systems risk management. Along with being a Contributing Editor to… Read More

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Société Générale SA -- A Sad Tale of Enterprise Risk Blindness

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