Integrated Risk Management

What is integrated risk management and how does HR fit in?

Integrated risk management (IRM) is a company-wide approach to identifying, assessing, and managing risks across every function, replacing the older practice of treating risk as a siloed finance or audit concern. For HR, IRM means surfacing and tracking people-related risks: compliance violations, harassment and discrimination exposure, workforce continuity, safety, and third-party contractor risk. Strong IRM programs route these risks into the same enterprise risk register used by finance, IT, and operations.

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