Running head: MANAGEMENT1ManagementInstitution AffiliationDateMANAGEMENT2Subject: Risk ManagementHow does an HR Manager begin to quantify or measure risk? Please provide andexplain at least two specific examples and support those examples with academicreferences.The Human Resource plays a key role in the running of the organization. While anorganization cannot protect itself fully from risk, it can come up with ways of ensuring thatwhen the inevitable happens, it is prepared. The success of the organization will bedetermined by how well it is able to handle risk (Sadgrove, 2016). The whole process ofmanaging risks begins with the management being able to identify and quantify all the risk itfaces. Human resource is in charge of managing the resources of the company and one of therisks that can arise from that is this is the possibility of a key employee quitting on shortnotice or rejecting to take on more responsibility. The HR should be able to measure the riskthat will face the organization in the event that a key employee quits on short notice. This canbe done effectively by looking at the responsibilities being handled by the employee and whatwould happen in the absence of the employee. The systems that the employees rely on toperform their duties and responsibilities can also be a source of some of the risks encounteredin the organization.The HR manager should be able to identify how much the employees rely on theavailable systems to perfor ...
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