HRM 420 Week 5 HR Risk Management Strategy Plan

Resources: A virtual organization from the Virtual Organization link and Appendix C.

Select one of the virtual organizations for this assignment.

Design an HR risk management strategy plan for your chosen Virtual Organization company using Appendix C as a guide.

Write a 1,050- to 1,400-word plan in Microsoft® Word in the third person voice in which you summarize the following in the plan:

• Risk assessment and management program
• Health and safety programs
• Succession plan
• Crisis contingency plan

Format your plan consistent with APA guidelines.

Use at least a minimum of five in-text citation sources within your paper and they must be identified in your APA correctly formatted References page.

Click the Assignment Files tab to submit your assignment.

Appendix C: HR Risk Management Strategy Plan

Risk Assessment and Management Program

• Suggested timelines for assessment of risk (Suggest the amount of time spent analyzing and assessing the risk factors. Include time for committees to meet and discuss necessary focus points.)
• Focus points
• Management strategies
• Ongoing timeline for monitoring

Health and Safety Programs

• Identify at least two health and safety concerns in the workplace.
• Design programs to address those concerns.
• Analyze the relationship of ethics and safety in your programs.

Succession Plan

• Outline a training and development program to cross-train for key positions.
• Assess the training and development programs for ease of implementation.

Crisis Contingency Plan

• Identify at least one potential crisis resulting from the following:

  • Internal cause (such as a union strike)
  • External cause (such as natural disaster)