A human resource professional, as we have learned, has many disparate duties and responsibilities. One of the duties that is increasing in its importance is risk management. In fact, this duty was once a central part of a human resource professional, but now many mid-to-large organization have created a separate department—reporting to the human resources director—devoted to risk management. In the following discussion question, discuss the following:
Define what is meant by “risk management” in a typical organization. Assess how the responsibility of “risk management” has morphed/grown over the past 10 years for both a human resource professional and an organization. Finally, discuss why an effective risk management program is of critical benefit for employees, not simply for their own physical and mental well-being, but how/why an effective risk management program can lead to a more productive and rewarding work environment.