Complete a risk management plan. In examining the two public cases, you will pay special attention to the legal, ethical, safety, environmental, cultural, political, and financial factors addressed by both.
The risk management plan will showcase your mastery with respect to the following course outcomes:
Analyze ethical and legal risks of complex human resource issues to ensure legal compliance and to mitigate risk.
Predict the impact and costs of legal, safety, environmental, and financial risks on stakeholders.
Analyze societal, cultural, and political factors in order to make well-informed human resource decisions.
Evaluate the current trends related to workplace health, safety and security for their impact on corporate social responsibility.
Describe pertinent federal employment laws that are related to ethical challenges facing human resource professionals today.
And answer the following question: What specific challenges must the HR department address to mitigate organizational risk situations?
Ethical and Legal Risks: Identify ethical and legal challenges that were considered when analyzing the two public cases, such as positive and negative impacts on key stakeholders, such as employees, their families, shareholders, and the communities involved.
What are some logical and ethical measures your company could take to ensure legal compliance for all key stakeholders?
What are the probable impacts of those approaches?
What are some logical and ethical ways your company could mitigate ethical and legal risks for all key stakeholders?
What are some specific examples that demonstrate how these methods can be effective?
Potential Impact: Evaluate the impacts of legal, safety, environmental, and financial risks that were encountered in the two public cases.
What was the impact of the legal, safety, environmental, and financial risks to the organizations in the public cases?
What are some specific examples that illustrate these impacts?
How can these examples forecast potential impacts for your company in the risk management plan?
Considering that the executive team is having you take a proactive approach by creating a risk management plan for organizational risk, what are some of the costs associated with these risks?
Public Relations: Identify the challenges associated with the cases going public.
What factors were considered when society as a whole either supported or opposed the decisions made in the public cases?
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