Exploring the Role of HR Practices in Mitigating Organizational Risks: A Multi-Disciplinary Approach to Workforce Management
Abstract
This article investigates how human resource (HR) practices can play a vital role in mitigating organizational risks from a multidisciplinary perspective. In the modern, volatile business landscape, HR functions are uniquely positioned to identify, assess, and manage workforce-related risks that impact operational stability. By integrating risk management into HR practices, organizations can reduce turnover, enhance compliance, and build resilience against disruptive events. This study conducts a systematic literature review and empirical case study analysis across multiple industries, examining how HR functions contribute to risk mitigation in finance, healthcare, and manufacturing. Findings demonstrate that practices in recruitment, training, health and safety, and retention reduce risks and foster a proactive organizational culture toward resilience. This paper presents implications for HR managers, risk analysts, and organizational leaders, emphasizing a multi-disciplinary approach to comprehensive workforce management.
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