Risk Management for Human Resources

Course overview

Course outline

1. 1Day 1: Foundations of Risk Management in HR

   • HR’s role in organizational risk management
   • Definitions and categories of risk
   • Risk management lifecycle and governance principles
   • Benefits of proactive risk management
   • Common barriers to effective risk practices
   • Overview of ISO 31000 principles
   • Building a risk-aware HR culture
2. 2Day 2: Identifying and Analysing HR Risks

   • Techniques for identifying workforce risks
   • Risk analysis tools relevant to HR functions
   • Evaluating likelihood, impact, and priority
   • Key Risk Indicators (KRIs) for HR monitoring
   • Creating and maintaining an HR risk register
   • Turning risk data into management insights
3. 3Day 3: Managing and Responding to Risks

   • Strategies for responding to threats and opportunities
   • Developing HR risk treatment plans
   • Setting measurable risk management objectives
   • Emergency preparedness for workforce disruption
   • Business continuity principles for HR operations
   • Crisis planning and readiness exercises
4. 4Day 4: Evaluating Risk Management Effectiveness

   • Importance of oversight and governance reviews
   • Measuring effectiveness of risk policies and controls
   • Incident investigation and post-incident learning
   • Assessing compliance with laws and standards
   • Quality assurance in risk management processes
   • Continuous improvement of HR risk systems
5. 5Day 5: Human Capital Risk Management

   • Common human capital risks and business impact
   • Managing skills shortages and talent pipeline risks
   • Ethics, conduct, and behavioural risk management
   • Intellectual property and knowledge loss risks
   • Protecting HR and employee data from cyber threats
   • Final workshop: Build an HR risk action plan