Actively Managing Risk for Long-Term Sustainability — Looking Beyond Insurance Limits and Premiums
“Effective risk management requires a holistic approach that’s grounded in a thorough understanding of the specific risks the company faces and their potential impact.” Bill Ziebell and Mike Pesch discuss how to effectively manage overall risk for long-term sustainability by assessing the significance of specific risks that include human capital as well as property and casualty concerns. They also explore the value of using risk surveys to create risk maps, providing a quick-reference guide for insights into the state of an organization’s risk management program. Or, when results are aggregated across multiple organizations, a view of their data compared to their industry peers.
This article is an excerpt from the 2017 Human Capital Insights Report. Download the report for more insights on building and sustaining a highly engaged workforce and a destination-employer culture.