Introduction

Human Resources (HR) is at the heart of organizational risk management, dealing with issues ranging from compliance to employee well-being. This course equips participants with the skills and tools to identify, assess, and mitigate HR-related risks. It focuses on contemporary challenges, such as remote work, evolving labor laws, and cybersecurity threats, ensuring participants are prepared to safeguard their organizations in the modern business environment.

Objectives

By the end of this course, participants will:

• Understand the various risks associated with HR functions and their impact on organizational success.
• Learn how to develop and implement HR risk management strategies.
• Gain insights into compliance, workforce dynamics, and crisis management.
• Master techniques for mitigating risks in recruitment, retention, and employee relations.
• Be equipped to handle emerging risks like cybersecurity and hybrid work challenges.

Who Should Attend?

This course is ideal for:

• HR Managers and Directors responsible for organizational compliance.
• Risk Management Professionals focusing on workforce-related risks.
• Business Leaders overseeing human capital strategies.
• Legal and Compliance Officers involved in HR matters.
• Professionals aspiring to specialize in HR risk management.

Course Outline

Day 1: Introduction to HR Risk Management

• Defining HR Risks: Types, sources, and implications for organizations
• Strategic Role of HR in Risk Management: Aligning HR goals with organizational strategies
• Global Trends and Emerging Risks: Adapting to the changing landscape of work
• Case Study: The impact of HR risk mismanagement on leading organizations

Day 2: Workforce Planning and Compliance Risks

• Regulatory Compliance: Navigating labor laws and employment regulations
• Data Privacy and Security: Protecting employee information in a digital age
• Workforce Analytics: Identifying risks through data insights
• Interactive Workshop: Creating a compliance checklist for HR operations

Day 3: Employee Relations and Workplace Risks

• Managing Workplace Conflict: Identifying and mitigating interpersonal risks
• Health, Safety, and Well-being: Addressing physical and mental health concerns
• Diversity, Equity, and Inclusion Risks: Building inclusive environments to reduce liability
• Case Study: Managing employee disputes in multinational organizations

Day 4: Recruitment, Retention, and Talent Risks

• Recruitment Risks: Avoiding biases, fraud, and talent mismatches
• Retention Strategies: Addressing risks of turnover and skills gaps
• Hybrid Work Challenges: Managing risks in remote and hybrid work setups
• Interactive Workshop: Designing risk-aware recruitment and retention plans

Day 5: Crisis Management and Future-Ready HR Risk Strategies

• Crisis Management in HR: Responding to workforce-related crises
• Technological Risks: AI, automation, and cybersecurity challenges in HR
• Future-Proofing HR Strategies: Preparing for environmental, social, and governance (ESG) challenges
• Capstone Activity: Developing a comprehensive HR risk management plan for a mock scenario