Summary
This report outlines the significant People Risks that organizations face and the collaboration needed between risk managers and human resources to mitigate these risks. It encompasses data collected from 4,575 respondents across 26 countries, including HR and risk professionals from various industries. The report identifies the top ten People Risks ranked by their likelihood and severity, which include governance and compliance issues, technological disruptions, health and safety concerns, and talent management challenges. Additionally, it categorizes these risks into five pillars: technological change, health and well-being, governance, environmental sustainability, and workforce practices. The report emphasizes the importance of proactive risk management and the need for organizations to adapt to emerging threats, including cyber risks and changing legislation. It also highlights the role of leadership in fostering a supportive workplace culture that prioritizes employee well-being and engagement.
