Risk Management for HR practitioners
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This seminar equips HR professionals with practical skills to identify, assess, and manage HR-related risks, promoting compliance, workplace safety, and a risk-aware culture.

Description

Risk Management for HR practitioners

As HR plays a crucial role in any organisation, understanding and mitigating risks is essential to ensure compliance, enhance organisational reputation, and promote a healthy workplace culture.

The primary objective of this program is to empower HR practitioners with the knowledge, skills, and tools necessary to effectively identify, assess, and manage various risks associated with human resources. 

Course Outline

Introduction to Risk Management in HR

  • Overview of risk management concepts
  • Importance of risk management in HR
  • Key risks faced by HR departments

Identifying HR Risks

  • Types of HR risks - compliance, operational, reputational, and strategic
  • Interactive activity - Risk identification brainstorming session
  • Group discussion on specific risks in participants' organisations

Risk Assessment Techniques

  • Methods for assessing the impact and likelihood of risks
  • Introduction to risk matrices and risk rating systems
  • Case study - Assessing a real world HR risk scenario 

Risk Mitigation Strategies

  • Strategies to mitigate identified HR risks
  • Group exercise - Develop a risk mitigation plan for an identified risk
  • Implementing Risk Management in HR Practices
  • Integrating risk management into HR processes -recruitment, onboarding, performance management and termination
  • Best practices for fostering a risk-aware culture 

Risk Controls & Root Causes

  • Understanding the importance of risk controls and root causes
  • Activity to develop risk controls for identified HR risks.

Monitoring and Review of HR Risks

  • Creating a risk management review & activity schedule.
  • Discussion on the importance of risk monitoring & review.

Wrap-Up and Q&A

  • Recap of key takeaways
  • Q&A session
  • Feedback from participants

Who Should Enroll?

  • HR Managers
  • HR Business Partners
  • Talent Acquisition Specialists
  • HR Compliance Officers
  • Learning and Development Managers

Programme Objective

By the end of this session, participants will: 

  • Understanding Risk Management Principles
  • Identifying & assessing HR-Specific Risks
  • Developing Risk Mitigation Strategies for HR Risks
  • Integrating Risk Management into HR Processes
  • Monitoring and reporting of HR Risks
  • Practical Application through group activities.