article thumbnail

HR Risk Management: A Practitioner’s Guide

AIHR

Navigating the world of work is becoming increasingly challenging, and there are many HR risks that organizations need to handle to stay compliant and thrive. Let’s dive into all you need to know about HR risk management. Contents What is HR risk management? What are the key HR risk areas?

article thumbnail

Smaller Companies Must Embrace Risk Management

Harvard Business Review

That’s why SMEs can benefit from taking three actions: designing controls proportionate to the risks at stake, analyzing the lessons from success (not only from failures), and using risk management to boost and protect business performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AI Risk Management for HR: 3 Key Risks To Manage & HR Actions To Take 

AIHR

In this article, we will discuss the risks of AI, HR’s role in mitigating these risks, and actions HR can take in managing AI risks to overcome barriers to adoption. Risk management is not compliance A key misconception about AI risk management is that it’s just about compliance.

article thumbnail

In-Depth Guide to Effective Operational Risk Management

Sweet Process

Featured Bonus Content: Download the FREE Powerful Operational Risk Management Checklist! Imagine you’re an operational risk manager. You face the tough task of assuring your boss that all operational risks are well managed. Lacking an effective ORM (or operational risk […].

article thumbnail

It’s Time To Rethink Supply Chain Risk Management

Chief Executive

In a Forrester Consulting survey of over 400 procurement decision makers at companies with over 1000 employees, the top barrier to ensuring supply continuity was an inability to effectively assess the overall risk across suppliers in a category. Taking a category view often means little more than ensuring alternate sources are available.

article thumbnail

SVB’s Failure Reminds Boards To Prioritize Risk Management

Chief Executive

This is a reminder to all directors that lack of attention to risk management and oversight can sink a company and ruin careers. Do any of your board members have previous experience sitting on a risk committee or serving as a chief risk officer? If not, you may need to recruit a director with risk management credentials.

article thumbnail

Your Ultimate Guide to Operational Risk

Sweet Process

Featured Bonus Content: Get The Checklist For Operational Risk Management for FREE! As a business owner, you also have to make a robust plan to manage operational risks in order to succeed. […]. The post Your Ultimate Guide to Operational Risk appeared first on SweetProcess.