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Talent Risk Management-Part 2
Driving Business Results through Talent Reviews
Wednesday, March 1, 2017 at 2:00 PM ET
Part
II – Managing Human Capital Compliance Risk Strategically
A
key human capital risk management component that increases in breadth and
complexity with each passing year is compliance risk. In this session we’ll
focus on benefits and HR compliance risk, and the evolving role of the HR
professional in managing this type of risk in an era of unpredictable
legislation, complex regulation and exploding litigation. The goal – to
employ a comprehensive and strategically-focused risk management discipline to
your organization’s compliance risks. In this session, we will examine:
- A new, realistic role of HR professionals with respect to HR and benefits compliance
- Recognizing, understanding and managing the link between compliance risks and other areas of risk (operational, financial and strategic)
- Methodologies for human capital compliance risk mapping and risk prioritizing
- Cost-benefit analysis and decision-making regarding treatment of various exposures
- Communicating risk treatment decisions to stakeholders
If used correctly, talent reviews provide a practical way for HR professionals to drive business results through data analysis, collaboration and critical evaluation. However, without spending the time to track the review, identify issues and opportunities and follow up with employees, the talent review can become ineffective. To avoid this, companies need to better understand how talent reviews work to manage accountability, improve performance and support employee engagement. Lauren Ammon, senior manager, and Becky Falvey, senior human resources business partner, at Paycor, will discuss how the talent review practice positions the HR professional as expert talent consultants and business leaders. In addition, Ammon and Falvey will explore the relationship between talent reviews, engagement and business, defining drivers of engagement and breaking down the impact of engagement on business results. Session attendees will take away an actionable plan for implementing talent reviews to advance business results.
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