OL 645 SNHU Risk Management Plan Project 1. please do all three phases of this assignment. 2. write down the subtitles 3. Use no less than 3 references p

OL 645 SNHU Risk Management Plan Project 1. please do all three phases of this assignment.

2. write down the subtitles

3. Use no less than 3 references per phase.

4. follow guidelines

5. do not plagiarize.

Thank you OL 645: Risk Management Plan Project Instructions and Rubric
Overview
The HR department plays a critical role in risk management strategy, education, and mitigation. When a risk situation has arisen within an organization, the HR
department must respond and take action.
Imagine that you have just been hired as an HR manager for a large corporation (fictitious or real). The executive team is worried about potential organizational
risks within the company. They have asked you to create a risk management plan to mitigate organizational risk.
In order to understand the process of how an organization responds to a risk situation, you will need to find two public cases of risk mitigation. In examining the
two public cases, you will pay special attention to the legal, ethical, safety, environmental, cultural, political, and financial factors addressed by both.
Your goal will be to create a compare and contrast assessment of the two cases regarding the aforementioned considerations. The result of the two case
comparisons will allow you to extract best practices while developing a risk management plan for the company you work for.
The risk management plan will showcase your mastery with respect to the following course outcomes:
Analyze ethical and legal risks of complex human resource issues to ensure legal compliance and to mitigate risk.
Predict the impact and costs of legal, safety, environmental, and financial risks on stakeholders.
Analyze societal, cultural, and political factors in order to make well-informed human resource decisions.
Evaluate the current trends related to workplace health, safety and security for their impact on corporate social responsibility.
Describe pertinent federal employment laws that are related to ethical challenges facing human resource professionals today.
Deliverable Milestones
Deliverable
Phase I
Phase II
Phase III
Description
2- to 3-page analysis of the Executive Summary by Ernst and Young
Business Pulse 2013.
1-page comparison and contrast of two or more case studies, identifying
HR strengths and weaknesses regarding legal and ethical workplace
situations.
Submit your final Risk Management Plan, minimum 10 pages.
Due
Submission
Required
Module 6
Submit as an Assignment
X
Module 8
Submit as an Assignment
X
Module 10
Submit as an Assignment
X
3.
Prepare: Read the following Executive Summary by Ernst and Young Business Pulse 2013
2.
What are the top legal, safety, environmental, and financial risks and opportunities identified?
What situations are influenced by society, culture, politics, health, safety and security? Connect to Federal and State laws when appropriate.
In the global market, what are challenges businesses face when identifying risk for forecasting?
•
•
•
•
Ethical and Legal Risks
Potential Impact
Trends
Employment Laws
This assignment covers the following areas and objectives:
•
•
•
Executive Summary Project Phase I: Imagine your company is planning and strategizing for the future and that you have been asked by the executive
team to brief them on the state of the risks and opportunities in the industry. Prepare a 2- to 3-page analysis of the Executive Summary by Ernst and
Young Business Pulse 2013, along with a review of the Modules 1-5, your textbook, and other research. Your analysis will help the top executives create a
comprehensive strategic plan that includes risks and opportunities that could impact employees and other stakeholders. Make sure your paper clearly
addresses the following questions:
The Ernst and Young report identifies the top risks and opportunities for executives to consider for their strategic plans. This report discusses many
influences on business practices, such as society, culture, politics, health, safety and security.
http://www.ey.com/Publication/vwLUAssets/Business_Pulse_-_top_10_risks_and_opportunities/$FILE/Business%20pulse%202013.pdf
Academic Writing: To prepare for academic writing, visit the SNHU Online Writing Center. Review the resources available for writing academically.
https://my.snhu.edu/Offices/COCE/AcademicSupport/LearningCommunity/LP-OWC/Pages/LC-OWC.aspx
1.
Due Week 6
Risk Management Plan Project Phase I
Phase I Rubric
Requirements of Submission: Written components of your project must follow these formatting guidelines when applicable: double spacing, 12-point Times New
Roman font, one-inch margins, and APA format for all elements.
Critical Elements
Exemplary (100%)
Potential Impact: legal,
Meets “Proficient” criteria and
safety, environmental, and incorporates specific examples
to substantiate and clarify
financial risks
claims
Proficient (90%)
Needs Improvement (70%)
Identifies legal, safety,
environmental, and financial
risks
Identifies legal, safety,
environmental, and financial risks,
but claims are not logical
Not Evident (0%)
Does not identify legal,
safety, environmental, and
financial risks
Value
22.5
Influence of society,
culture, politics, health,
safety and security
Meets “Proficient” criteria and
incorporates specific examples
to substantiate and clarify
claims
Describes the influence of
society, culture, politics,
health, safety, and security
Describes the influence of society, Does not describe the
culture, politics, health, safety, and influence of society, culture,
security, but claims are not logical politics, health, safety, and
security
22.5
Employment Laws:
Identification
Meets “Proficient” criteria and
incorporates specific examples
to substantiate and clarify
claims
Identifies applicable federal
laws and acts
Identifies federal laws and acts, but Does not identify applicable
claims are not logical
federal laws and acts
22.5
Describes challenges in the
global market that businesses
face when identifying risk for
forecasting
Describes challenges in the global
market that businesses face when
identifying risk for forecasting, but
claims are not logical
Does not describe challenges
in the global market that
businesses face when
identifying risk for forecasting
22.5
Submission has no major
errors related to citations,
grammar, spelling, syntax, or
organization
Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact readability
and articulation of main ideas
Submission has critical errors
related to citations, grammar,
spelling, syntax, or
organization that prevent
understanding of ideas
10
Global market: business Meets “Proficient” criteria and
challenges when identifying incorporates specific examples
to substantiate and clarify
risk
claims
Articulation of Response
Submission is free of errors
related to citations, grammar,
spelling, syntax, and
organization and is presented in
a professional and easy to read
format
Earned Total
100%
3.
2.
1.
It is suggested that during week 8 you begin to prepare for the final project. To do this, review the critical task prompt and rubric for phase 3. Use the
following bullet points to guide your initial research. Begin to draft your risk mitigation plan. Your final paper will need to be a minimum of 10 pages.
•
What ethical and legal risks are identified in your case studies?
•
How can HR mitigate the ethical and legal risks identified in your case studies?
•
How are federal and state workplace laws influenced or impacted by society, culture, politics, health, safety, and security?
•
How may your company’s CSR sustainability plan mitigate risks and maximize profits for shareholders? How important is societal support for your
CSR plan?
•
What factors need to be considered when a company communicates to the public?
To accomplish this, you will need to compare and contrast two case studies of your choice. Consider what each company’s strengths and weaknesses are.
Compose a 1-page comparison and contrast of the case studies, identifying HR strengths and weaknesses regarding legal and ethical workplace
situations. Utilize what you’ve learned in Modules 1-7, as well as from your textbook and other assigned readings, to identify, evaluate, and present
sound approaches to risk mitigation associated with legal and ethical decision making in HR.
Deliverable for Phase II: Assume the executives of your organization are interested in HR’s approach to risk mitigation with regard to legal and ethical
workplace situations. Begin to research best practices regarding legal, ethical, safety, environmental, cultural, political, and financial factors in the
workplace.
The following article provides excellent sources on HR’s role in the mitigation of social and environmental risk and opportunities.
•
The Executive Summary by HRM’s Role in Corporate Social and Environmental Sustainability by Elaine Cohen, Sully Taylor and Michael MullerCamen https://web.archive.org/web/20160731145810/http://www.shrm.org/about/foundation/products/pages/sustainabilityepg.aspx
Identify two or more case studies on legal and ethical workplace situations that are influenced by society, culture, politics, health, safety, and security. It
is recommended to select two case studies relevant to your selected organization. There are many resources to use. One recommended website is
Business in the Community Case Studies at https://web.archive.org/web/20170921104856/https://www.bitc.org.uk/our-resources/case-studies
Due Week 8
Risk Management Plan Project Phase II
Phase II Rubric
Describes the weaknesses of
each company in mitigating
ethical and legal risks
Submission has no major
errors related to citations,
grammar, spelling, syntax, or
organization
Meets “Proficient” criteria and
incorporates specific examples
to substantiate and clarify
claims
Submission is free of errors
related to citations, grammar,
spelling, syntax, and
organization and is presented in
a professional and easy to read
format
Ethical and Legal Risks:
Weaknesses
Articulation of Response
Describes the strengths of
each company in mitigating
ethical and legal risks
Meets “Proficient” criteria and
incorporates specific examples
to substantiate and clarify
claims
Ethical and Legal Risks:
Strengths
Proficient (90%)
Exemplary (100%)
Critical Elements
Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact readability
and articulation of main ideas
Describes the weaknesses of each
company in mitigating ethical and
legal risks, but claims are not
logical
Describes the strengths of each
company in mitigating ethical and
legal risks, but claims are not
logical
Needs Improvement (70%)
Earned Total
Submission has critical errors
related to citations, grammar,
spelling, syntax, or
organization that prevent
understanding of ideas
Does not describe the
weaknesses of each company
in mitigating ethical and legal
risks
Does not describe the
strengths of each company in
mitigating ethical and legal
risks
Not Evident (0%)
100%
10
45
45
Value
Requirements of Submission: Written components must follow these formatting guidelines: One page of double spacing, 12-point Times New Roman font, oneinch margins, and APA format for all elements.
5.
4.
3.
2.
1.
Ethical and Legal Risks—Identify ethical and legal challenges that were taken into account when analyzing the two public cases, such as positive and/or
negative impacts on key stakeholders (e.g., employees, their families, shareholders, and the communities involved).
a.
What are some approaches your company could take to ensure legal compliance? Explain the probable impacts of those approaches.
b.
What methods could your company use to mitigate ethical and legal risks? Provide specific examples.
Potential Impact—Evaluate the impacts of legal, safety, environmental, and financial risks that were encountered in the two public cases.
a.
What was the impact of the legal, safety, environmental and financial risks to the organizations in the public cases? Provide specific examples to
illustrate. Use these examples to forecast potential impacts for your company in the risk management plan.
b.
Considering that the executive team is having you take a proactive approach by creating a risk management plan to organizational risk, what are
some of the costs associated with these risks?
Public Relations—Identify the challenges associated with the cases going public.
a.
What factors were considered when society as a whole either supported or opposed the decisions made in the public cases? How important is
societal support, and what factors will you consider to produce positive societal support?
b.
What factors were considered with regard to cultural support or opposition in the public cases? How might you apply these factors to your
company?
c.
Were there political influences affecting management’s decisions in the public cases? Give examples of possible political issues and explain how
they are relevant to your company’s decisions.
Trends—Describe current and projected trends regarding workplace health, personal safety, and security in the public cases. Based on those current and
projected trends, address the following:
a.
What are the implications for workplace health and safety of the risk situations in the public cases? Why should these factors be considered in
the risk management plan?
b.
Why would an employer be concerned with the personal safety and security of workers in these risk situations?
Employment Laws
a.
Identify the applicable federal laws and acts and the possible impacts of each law on current employees at your company.
b.
Propose methods that could be used to ensure compliance with all identified regulations.
Your final submission is your Risk Management plan. Your plan should be no less than 10 pages answer the following question: What specific challenges must the
HR department address to mitigate organizational risk situations? The risk management plan should address the following ciritical elements:
Due Week 10
Risk Management Plan Project Phase III
Phase III Rubric
Meets “Proficient” criteria and
incorporates specific examples
to substantiate and clarify
claims
Meets “Proficient” criteria and
incorporates specific examples
to substantiate and clarify
claims
Ethical and Legal Risks:
Legal Compliance
Ethical and Legal Risks:
Mitigating Risks
Needs Improvement (70%)
Accurately analyzes the
influences associated with
political support and
opposition
Meets “Proficient” criteria and
proposals are insightful and
substantiated by scholarly
research
Public Relations: Political
Does not analyze cultural
influences
Analyzes political influences, but
Does not analyze political
does not address both support and influences
opposition or draws inaccurate
conclusions
Accurately analyzes influences Analyzes cultural influences
associated with cultural
associated, but does not address
support and opposition
both support and opposition or
draws inaccurate conclusions
Meets “Proficient” criteria and
proposals are insightful and
substantiated by scholarly
research
Public Relations: Cultural
Does not evaluate the impact
of legal, safety,
environmental, and financial
risks
Does not propose measures
for mitigating risk
Does not propose measures
for legal compliance
Not Evident (0%)
Analyzes societal influences, but
Does not analyze societal
does not address both support and influences
opposition or draws inaccurate
conclusions
Accurately analyzes the
influences associated with
societal support and
opposition
Evaluates the impact of legal,
safety, environmental, and
financial risks, but claims are not
logical
Meets “Proficient” criteria and
proposals are insightful and
substantiated by scholarly
research
Evaluates the impact of legal,
safety, environmental, and
financial risks
Proposes measures for legal
compliance that are either
unethical, contain gaps in the logic,
or do not take into account all key
stakeholders
Proposes logical and ethical
Proposes measures for mitigating
ways for mitigating risks for all risks that are either unethical,
key stakeholders
contain gaps in the logic, or do not
take into account all key
stakeholders
Proposes logical and ethical
measures to ensure legal
compliance for all key
stakeholders
Proficient (90%)
Public Relations: Societal
Potential Impact: legal,
Meets “Proficient” criteria and
safety, environmental, and incorporates specific examples
to substantiate and clarify
financial risks
claims
Exemplary (100%)
Critical Elements
9
9
9
9
9
9
Value
Requirements of Submission: Written components of your project must follow these formatting guidelines when applicable: double spacing, 12-point Times New
Roman font, one-inch margins, and APA format for all elements. The Risk Management Plan has a required minimum of 10 pages, and should include legal,
ethical, safety, environmental, cultural, political, and financial factors. You need to include references and a cover page. You will need to include a minimum of 5
properly cited, scholarly sources in your risk management plan.
Proposes methods that could Proposes methods that could be
Does not propose methods to
be used to ensure compliance used to ensure compliance with all ensure compliance with
with all identified regulations identified regulations, but
identified regulations
proposals are not well-developed
Submission has no major
errors related to citations,
grammar, spelling, syntax, or
organization
Meets “Proficient” criteria and
discussion is substantiated by
scholarly research
Meets “Proficient” criteria and
proposal is substantiated by
scholarly research
Submission is free of errors
related to citations, grammar,
spelling, syntax, and
organization and is presented in
a professional and easy to read
format
Employment Laws:
Identification
Employment Laws:
Compliance Proposal
Articulation of Response
Identifies applicable federal
laws and acts, and identifies
applicable situations
Evaluates the safety and
security of employees based
on current and projected
trends
Meets “Proficient” criteria and
includes quantifiable data that
supports these trends
Trends: Safety & Security
Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact readability
and articulation of main ideas
Earned Total
Submission has critical errors
related to citations, grammar,
spelling, syntax, or
organization that prevent
understanding of ideas
Identifies most federal laws and
Does not identify applicable
acts, but does not address possible federal laws and acts
situations
Evaluates the safety and security of Does not evaluate the safety
employees, but does not
and security of employees
adequately incorporate researched
trends to substantiate the claim
Evaluates the effects on
Evaluates the effects on workplace Does not evaluate the effects
workplace health and includes health, but does not adequately
on workplace health
current and projected trends incorporate researched trends to
substantiate the claim
Meets “Proficient” criteria and
includes quantifiable data that
supports these trends
Trends: Health
100%
10
9
9
9
9

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