Define what is meant by “risk management” in a typical organization.

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.

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