HR audits have increasingly become a critical tool in
assessing, measuring, and managing the scope and capabilities of an
organization. Designed to help focus an organization’s attention on its human
resource management practices, policies, procedures, processes, and outcomes,
HR audits provide a structured and systematic approach to assessing key
questions about the organization level of compliance, it risk management
strategy, its internal auditing process, and its human resource management
activities. As an auditing process, HR audits are designed to help your
organization identify potential and actual problem areas, help assess the
effectiveness of HR management activities, help assess weaknesses in HR
internal control processes, help assess human capital strategic, and help
assess compliance related risks.
Importantly, HR audits consider human capital related risks
and opportunities from an enterprise risk management (ERM) perspective.
That is, HR audits take a holistic approach in assessing human capital
risks and attempt to indicate the interrelationships and interactions between
HR and other management and organizational issues.
Because no two employers are alike, HR audits typically help
organizations develop and tailor employment practices, policies, procedures,
and processes to meet its specific needs. Properly designed, HR audits should
first provide your organization with the “right” questions to ask about various
employment practices issues; then help your organization determine the optimal
answers.
Thus, while HR audits alone will not guarantee that your
workplace will be selected as a “best place to work” or be free from all legal
challenges, they will serve as a guide through the maze of human resource
management best practices and employment and labor laws and regulations. HR
audits will further enhance the value of your organization’s human capital,
enhance your organization’s competitiveness, and reduce your organization’s
exposure to employment practices liabilities.
Why Should You Attend
Surveys of organizations identify the human capital risk as
one of the most important risks facing organizations…and one of the least
effectively managed. Surveys of CEOs consistently rank the “availability
of key skills” as a critical risk…a risk—that if not effectively managed—can
negatively affect the achievement of strategic and business objectives,
negatively affect competitiveness, and hamper the organization’s ability to
innovate.
HR experts and business leaders further note that
misaligned, ineffective, and improper human capital management policies,
practices, and processes create financial, operational, and reputational risks
that can threaten an organization’s bottom-line, adversely impact
sustainability, and reduce the organization’s value for its stakeholders.
Conversely, effective human capital risk management can
create a competitive advantage, create new business development opportunities,
enhance the effective deployment of resources, and create value.
As a result, organizations that effectively manage their
human capital risks can increase the value of their human capital, be better
positioned to seize new business opportunities, be more resilient to volatile
conditions, and more responsive to political and governmental constraints.
Areas Covered in the Session
» Develop an understanding of key risk management techniques and
issues
» Identify and review the critical issues of human resources management
» Develop skills in applying risk management techniques in managing
human capital related risks
» Improve your human capital risk management effectiveness using HR
audits
» Review the development of Key Performance indicators (KPIs) and
Key Risk Indicators (KRIs)
» Develop competencies in human capital metrics and human capital
scorecards
» Gain practical insights in using human capital risk management to
help your organization seize opportunities and reduce liabilities
Who Will Benefit
» Human resources managers
» Internal and external auditors
» CEO and CFOs
» Risk managers
» Compliance managers
» VPs, GMs, Directors, Division Heads, Senior Managers, and
Coordinators
To Register (or) for more details
please click on this below link:
https://bit.ly/3mz8ih1
Email: support@abideedict.com
Toll Free No:1-844-511-8858
Tel: +1-913-871-1466