How to better understand and manage people risk
This morning, Bond Williams held their quarterly HR Seminar for professionals in the sector, which focussed on understanding and managing people risk.
Held at AFC Bournemouth, the purpose of the seminar was to investigate the current and future people risks within different organisations and to explore how these risks can impact business productivity and profitability.
We were joined by guest speakers from Jelf, award winning experts in insurance, risk management and employee benefits for businesses and individuals. Chris Cannon, Branch Director and Jonathan Wood, Corporate Pension Director, provided advice on how to manage the changing needs of your business, and mitigate the risks you could potentially face with personnel.
They posed the important question:
“Your employees are your most important asset. So aren’t they also one of your biggest risks?”
An unhealthy and disengaged workforce is less productive, meaning your business is less profitable. Chris and Jonathan discussed how businesses can manage productivity by maximising the investment you make in your people and how to develop strategies to help control your future business costs.
The needs of your business are constantly changing, and today’s Bond Williams HR Seminar helped industry professionals to understand the importance of reassessing their business needs and how to efficiently respond to change and mitigate people risk.
Chris Pestell, Regional Business Manager at Bond Williams Professional says:
“This morning’s seminar explored how to mitigate people risk in a constantly changing business environment to maintain productivity and employee morale. It was really interesting to hear the different challenges that HR professionals are facing and ways in which they are managing these in line with their specific business needs. We would like to say thank you to both of our speakers, Jon and Chris, who are working hard to help businesses and individuals thrive through a better understanding of business risk, retaining employees and contributing towards improving well-being and enhancing staff engagement.”