Some critics suggest that business schools failed to sufficiently integrate ethics, social responsibility and risk management into their curricula.

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Had I started the job a year or two earlier, I might have found that covering things like how to be a manager, corporate strategy, risk management, governance, and corporate social responsibility was worthy but possibly sometimes a little dull.

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Corporate Social Responsibility (CSR) is also a fundamental element of risk management.

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Going forward the bank should actually apply the Equator Principles, a voluntary credit risk management framework with a set of guidelines for environmental and social risk assessment in sustainable project finance activities.

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This social networking capability extends existing supplier management solutions with many applications critical to supplier management success, including supplier risk, compliance and performance management.

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Alex Pigliucci, global managing director of Accenture wealth management services, said social media creates a huge opportunity for firms that get it right and a real risk for firms that regard it mostly as a threat.

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