Overview:

Surveys of CEOs identify the importance of effective strategic and organizational management of human capital. These surveys also highlight the concern senior management has about the impact of human capital related risks and often the lack of effective management of that risk. As PWC reported in its annual global survey of CEOs, human capital related risks, which included the "availability of key skills" rank as a critical risk that could negatively affect the achievement of strategic and business objectives, that negatively affected competitiveness, and that hampered 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.

This workshop addresses the use of HR Audits to assess the issues of strategic, operational, and human capital risk management, and their impact on the organization. It reviews the growing importance of AI, key risk management and human capital management concepts, and risk controls and risk mitigation strategies and techniques.

Why you should Attend: Organizations that effectively manage their Strategic, Organizational, and Compliance human capital issues and risks increase the value of their human capital, are better positioned to seize new business opportunities, are more resilient to volatile markets, and are more responsive to political and governmental constraints. This course provides you with practical and results-oriented advice on conducting effective HR Audits that will allow you to be better able to create and implement human capital risk management.

Areas Covered in the Session:

• Session 1: Introduction to HR Audits
• Background of HR audits
• Evolution of HR audits
• Developing an HR audit plan
• Identifying key HR audit issues
• Session 2: Assessing Strategic and Operational Alignment
• Assessing of the value of human capital
• Assessing your employment brand
• Assessing work force needs
• Assessing employee commitment and engagement
• Discussion of employee surveys to validate audit findings
• Session 3: Assessing and Managing Compliance Issues
• Assess and manage the risks related to your job descriptions
• Assess and manage the risks related to personnel action forms
• Assess and manage the risks related to employee files
• Assess and manage the risks related to employee handbooks
• Assess and manage the risks from your recruitment, selection, and hiring process
• Assess and manage the risks from your job performance management activities
• Assess and manage the risks from your employee relation practices
• Assess and manage the risks from your discipline and termination practices
• Assess and manage the risks from your use of AI

Who Will Benefit:

• CEOs
• CFOs
• COOs
• CIOs
• VPs
• GMs
• HODs
• Directors
• Division Heads
• Senior Managers
• Managers
• Coordinators and Practitioners
• HR Strategy
• Talent Management
• Recruitments
• Compensation and Benefits
• HR Generalist
• Human Capital Development
• Manpower Planning
• HR Planning and Development
• HR Consulting
• HR Auditors
• Risks/Compliances