HR Risk Mitigation
While risk is a factor inherent in most if not all businesses, how a company harnesses and manages the risk associated with actively engaging employees can make a significant difference to the bottom line. Many companies though are unaware of their actual level of HR risk exposure or the impact it could ultimately have on the business. Risk exposure can directly influence a company’s worth. Unmanaged risk factors can result in unexpected costs that hinder growth and hinder the ability to execute as intended. In organizations there are HR retention and engagement aspects that need to be investigated and an effective plan to address the issues.
Take Action with RSVP
Do you actually know what your HR risk exposure is and the impact it could have on your business? At RSVP we can perform a HR risk audit and offer solutions on how to define, measure and create an environment to support effective sponsorship, frontline buy-in, and how to organize and support a dedicated team. Besides just the nuts and bolts mechanisms of how your supply chain functions we also take into consideration other factors that can affect risk. For example, there is the human resources aspect; how well trained are workers and are staffing levels sufficient? Are employees aware of the underlying company objectives that their activities support? There is also the issue of quality control. In particular after an integration, it’s not enough to just churn out the same old product. Having a strategy in place so there is continual review of the quality of your product and services is essential. Our goal is to assist in the creation of a resilient HR ecosystem that despite potential risks, retains the ability to function smoothly and avoid costly disruptions increasing the value and dependability of your company.