Human Resources Management - A Risk Based Approach
There is nothing we do in life that doesn’t come without some modicum of risk. Business is no exception, with business risks continually needing to be managed. Take cash flow as an example – it is the life blood of any business and needs to be managed carefully.
Employing people is no exception and a risk based approach makes a lot of sense. If you think back to all the people you have worked with over the course of your career, you will find that the majority of them have been pretty good to work with and have done at least a good job. However, a small percentage, generally around 2%, will have caused problems – either they are not good at their job or behaviourally they just don’t fit the organisation the way the others do.