Course Overview:
This course focuses on identifying, assessing, and managing risks related to human resources within organizations. It covers strategies to mitigate HR risks such as compliance violations, talent management challenges, workplace safety, employee relations, and organizational change. Participants will learn to integrate risk management into HR practices to enhance workforce stability, compliance, and organizational performance.
Course Objectives:
By the end of this course, participants will be able to:
- Understand the key HR risks impacting organizations.
- Identify and assess HR risks using practical tools and methodologies.
- Develop strategies to mitigate HR-related risks, including legal compliance and employee relations.
- Manage risks associated with talent acquisition, retention, and development.
- Address workplace safety, diversity, and inclusion risks effectively.
- Integrate HR risk management into overall organizational risk frameworks.
- Communicate HR risks and mitigation plans to stakeholders.
Who Should Attend:
- HR Managers and Professionals
- Risk Managers and Compliance Officers
- Organizational Development Specialists
- Talent Acquisition and Retention Professionals
- Legal and Compliance Professionals
- Senior Managers responsible for people management
- Consultants in HR and Risk Management
Course Outline:
Introduction to Human Resources Risk Management
- Understanding HR risks and their impact on organizations
- Overview of HR risk management frameworks and standards
Key HR Risks and Challenges
- Legal and regulatory compliance risks
- Talent acquisition and retention risks
- Performance management and employee relations risks
- Workplace safety and health risks
Risk Identification & Assessment in HR
- Tools and techniques for identifying HR risks
- Conducting qualitative and quantitative risk assessments
- Prioritizing HR risks based on impact and likelihood
Mitigation Strategies for HR Risks
- Developing policies and procedures to manage risks
- Training and development to reduce HR risks
- Managing disciplinary actions and conflict resolution
- Leveraging technology for HR risk management
Workforce Planning & Change Management Risks
- Risks related to organizational change and restructuring
- Succession planning and talent pipeline risks
- Managing risks during mergers, acquisitions, and downsizing
Diversity, Equity & Inclusion (DEI) and Ethical Risks
- Identifying risks related to DEI initiatives
- Creating an ethical workplace culture to minimize risks
Integrating HR Risk Management into Organizational Strategy
- Aligning HR risk management with enterprise risk management (ERM)
- Reporting and communicating HR risks to leadership
- Continuous monitoring and improvement
Practical Exercises & Case Studies
- HR risk assessment workshop
- Scenario-based exercises on conflict resolution and compliance
- Case studies on HR risk failures and best practices