Managing the risks of people - BusinessMirror

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Managing the risks of people - BusinessMirror
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The concept of risk management is generally focused on the protection of assets and the profits of corporations, but what is overlooked is the fact that most risks are ultimately of people failings, whether at a strategic, managerial or operational level.

corporation. But just as risk presents opportunities or threats, so are people, who can also be the greatest potential liability.

People are essentially honest and they do not come to work to defraud or steal. But there are many aspects of their personal environment that will affect their reliability. Times of personal change such as bereavement, marital breakup, health problems and threats to income may lead to criminal behavior.

At any rate, because personal circumstances change from day to day, assessing exposure is no easy task. People risk is often caused by poor management and organization within the workplace, as well as the culture of the firm.

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