Human Resources Management Risk

Human Resources Management Risk - The threats and opportunities associated with staff/management turnover; employment/work culture; recruitment, retention and staffing processes and practices; succession planning and talent management; and employee development, training, and capacity building. It also includes the potential for negative consequences arising from an organization's ineffective or inefficient handling of its workforce-related policies, practices, and processes. This can result from poor recruitment, inadequate training, weak retention strategies, or insufficient attention to employee satisfaction and development, potentially leading to reduced productivity, and increased turnover, ultimately impacting the organization's overall performance.

Class Information

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Identification

Label (rdfs)
Human Resources Management Risk
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Definition and Examples

Definition
The threats and opportunities associated with staff/management turnover; employment/work culture; recruitment, retention and staffing processes and practices; succession planning and talent management; and employee development, training, and capacity building. It also includes the potential for negative consequences arising from an organization's ineffective or inefficient handling of its workforce-related policies, practices, and processes. This can result from poor recruitment, inadequate training, weak retention strategies, or insufficient attention to employee satisfaction and development, potentially leading to reduced productivity, and increased turnover, ultimately impacting the organization's overall performance.
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Class Relationships

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Is Defined By
https://www.canada.ca/en/treasury-board-secretariat/corporate/risk-management/taxonomies.html
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Additional Information

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Deprecated
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