Evaluate the current trends related to workplace health

Reference no: EM132278474

Question: Overview: The HR department plays a critical role in risk management strategy, education, and mitigation. When a risk situation has arisen within an organization, the HR department must respond and take action.

Imagine that you have just been hired as an HR manager for a large corporation (fictitious or real). The executive team is worried about potential organizational risks within the company. They have asked you to create a risk management plan to mitigate organizational risk.

In order to understand the process of how an organization responds to a risk situation, you will need to find two public cases of risk mitigation. 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.

Your goal will be to create a compare and contrast assessment of the two cases regarding the aforementioned considerations. The result of the two case comparisons will allow you to extract best practices while developing a risk management plan for the company you work for.

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.

Risk Management Plan Project Phase I:

1. Academic Writing: To prepare for academic writing, visit the SNHU Online Writing Center. Review the resources available for writing academically.

2. Prepare: Read the following Executive Summary by Ernst and Young Business Pulse 2013

The Ernst and Young report identifies the top risks and opportunities for executives to consider for their strategic plans. This report discusses many influences on business practices, such as society, culture, politics, health, safety and security.

3. Executive Summary Project Phase I: Imagine your company is planning and strategizing for the future and that you have been asked by the executive team to brief them on the state of the risks and opportunities in the industry. Prepare a 2- to 3-page analysis of the Executive Summary by Ernst and Young Business Pulse 2013, along with a review of the Modules 1-5, your textbook, and other research. Your analysis will help the top executives create a comprehensive strategic plan that includes risks and opportunities that could impact employees and other stakeholders. Make sure your paper clearly addresses the following questions:

• What are the top legal, safety, environmental, and financial risks and opportunities identified?

• What situations are influenced by society, culture, politics, health, safety and security? Connect to Federal and State laws when appropriate.

• In the global market, what are challenges businesses face when identifying risk for forecasting?

This assignment covers the following areas and objectives:

• Ethical and Legal Risks

• Potential Impact

• Trends

• Employment Laws

Risk Management Plan Project Phase II

1. Identify two or more case studies on legal and ethical workplace situations that are influenced by society, culture, politics, health, safety, and security. It is recommended to select two case studies relevant to your selected organization. There are many resources to use. To begin your search, review How can I find case studies. Pay particular attention to the information under the heading 'Business Case Studies'.

The following article provides excellent sources on HR's role in the mitigation of social and environmental risk and opportunities.

• The Executive Summary by HRM's Role in Corporate Social and Environmental Sustainability by Elaine Cohen, Sully Taylor and Michael MullerCamen.

2. Deliverable for Phase II: Assume the executives of your organization are interested in HR's approach to risk mitigation with regard to legal and ethical workplace situations. Begin to research best practices regarding legal, ethical, safety, environmental, cultural, political, and financial factors in the workplace.

To accomplish this, you will need to compare and contrast two case studies of your choice. Consider what each company's strengths and weaknesses are.

Compose a 1-page comparison and contrast of the case studies, identifying HR strengths and weaknesses regarding legal and ethical workplace situations. Utilize what you've learned in Modules 1-7, as well as from your textbook and other assigned readings, to identify, evaluate, and present sound approaches to risk mitigation associated with legal and ethical decision making in HR.

3. It is suggested that during week 8 you begin to prepare for the final project. To do this, review the critical task prompt and rubric for phase 3. Use the following bullet points to guide your initial research. Begin to draft your risk mitigation plan. Your final paper will need to be a minimum of 10 pages.

• What ethical and legal risks are identified in your case studies?

• How can HR mitigate the ethical and legal risks identified in your case studies?

• How are federal and state workplace laws influenced or impacted by society, culture, politics, health, safety, and security?

• How may your company's CSR sustainability plan mitigate risks and maximize profits for shareholders? How important is societal support for your CSR plan?

• What factors need to be considered when a company communicates to the public?

Risk Management Plan Project Phase III

Your final submission is your Risk Management plan. Your plan should be no less than 10 pages answer the following question: What specific challenges must the HR department address to mitigate organizational risk situations? The risk management plan should address the following ciritical elements:

1. Ethical and Legal Risks-Identify ethical and legal challenges that were taken into account when analyzing the two public cases, such as positive and/or negative impacts on key stakeholders (e.g., employees, their families, shareholders, and the communities involved).

a. What are some approaches your company could take to ensure legal compliance? Explain the probable impacts of those approaches.

b. What methods could your company use to mitigate ethical and legal risks? Provide specific examples.

2. Potential Impact-Evaluate the impacts of legal, safety, environmental, and financial risks that were encountered in the two public cases.

a. What was the impact of the legal, safety, environmental and financial risks to the organizations in the public cases? Provide specific examples to illustrate. Use these examples to forecast potential impacts for your company in the risk management plan.

b. Considering that the executive team is having you take a proactive approach by creating a risk management plan to organizational risk, what are some of the costs associated with these risks?

3. Public Relations-Identify the challenges associated with the cases going public.

a. What factors were considered when society as a whole either supported or opposed the decisions made in the public cases? How important is societal support, and what factors will you consider to produce positive societal support?

b. What factors were considered with regard to cultural support or opposition in the public cases? How might you apply these factors to your company?

c. Were there political influences affecting management's decisions in the public cases? Give examples of possible political issues and explain how they are relevant to your company's decisions.

4. Trends-Describe current and projected trends regarding workplace health, personal safety, and security in the public cases. Based on those current and projected trends, address the following:

a. What are the implications for workplace health and safety of the risk situations in the public cases? Why should these factors be considered in the risk management plan?

b. Why would an employer be concerned with the personal safety and security of workers in these risk situations?

5. Employment Laws

a. Identify the applicable federal laws and acts and the possible impacts of each law on current employees at your company.

b. Propose methods that could be used to ensure compliance with all identified regulations.

Information related to above question is enclosed below:

Attachment:- Instructions.rar

Reference no: EM132278474

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