Risk Management 70
Risk Management 70 :
The policies, procedures and practices used in identification, analysis, assessment, control, minimization and avoidance or elimination of unacceptable risks by the organisation. Organisation typically use risk assumption, risk avoidance, risk retention, risk transfer or a combination of strategies in an effort to minimize an organization's exposure to liability in the event a loss or injury occurs. "HR risk management" is an integral part of the process of overall business risk management where HR professionals adopt the techniques of risk management for managing the value of human capital assets within their organizations
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