Poor people management can have a profound effect on a business – hitting productivity, innovation and morale. More attention must be given to the roots of people risk if we don’t want the talent to run dry.
As riots spread across the UK, and tensions rise globally, StrategicRISK speaks to experts about what businesses should be doing to keep employees safe.
How one risk manager has brought HR under his control to help address talent and people-related risks
An unhappy workforce is a dangerous workforce, as stressed employees are more prone to mistakes, ethical lapses or just moving on. But while they can’t fix a poor culture, working with HR to enhance employee benefits can signifi cantly boost wellbeing, and lower your people risk.
Effective risk management requires strategic collaboration with the board. But this remains easier for some than others. Risk must professionalise, says Typhaine Beaupérin, to be taken seriously.
Ruth Richardson, executive director of the ASRA, argues that current risk management approaches are creating a dangerous misalignment between the hazards we’re facing and the types of deep, transformative decisions that need to be made.
Poor people management can have a profound effect on a business – hitting productivity, innovation and morale. More attention must be given to the roots of people risk if we don’t want the talent to run dry.
The race to tackle climate-related risks is on, and many businesses know what they need to do. But how can they overcome barriers and get the support needed to really make a difference?
Geopolitical instability is making executive travel more risky, but RSA and Healix are taking an innovative approach to supporting their customers. Here are their tips for reducing risks and continuing with business as normal
Risk managers and the businesses they work for must stop thinking of people-related threats as someone else’s problem, says Howden Employee Benefits’ Mark Ramsook.
As risks grow in complexity—spanning cybersecurity threats, ESG considerations, and geopolitical uncertainties—boards and executive teams are elevating risk management to the forefront of corporate strategy.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions