24 Feb As stated within the SHRM-CP Learning System, ‘Risk management strategies are designed to change the probability of a risk event occurring and/or the degree of its impact on the
As stated within the SHRM-CP Learning System, "Risk management strategies are designed to change the probability of a risk event occurring and/or the degree of its impact on the organization's objectives. An action taken to manage risk is referred to as a risk control" (2022). When assessing the effectiveness of current organizational risk controls:
- What questions should be asked by HR personnel when assessing risk effectiveness and risk control?
- List at least three questions you believe will best begin to evaluate risk effectiveness and control.
- From your personal experience and insight, provide examples of a risk effusiveness technique and a risk control process.
- Why is it important to involve HR and other groups in risk assessment? Provide two important justifications.
- Be sure to respond to at least one of your classmates' posts.
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