Create value tomorrow by understanding the workforce risks you face today
Building trust and solving problems starts with taking the time to understand your workforce risk and opportunity landscape.
The same forces that impact our lives today also affect workforce dynamics. Socio-economic and technology disruptions, political uncertainty and climate threats all contribute to workforce risks. In this ever-changing world, it’s vital to manage your workforce risks – but you can’t manage what you don’t understand.
We can help you to understand workforce-related risks, identify opportunities and find solutions, empowering you to assess your workforce related risks and turn them into legitimate market opportunities.
It’s crucial to consider the disruptive impact of market megatrends on your organisation both now and in the future.
Ongoing societal changes and destabilisation are creating massive pressure resulting in social and economic polarisation, eroding trust in institutions and organisations. Now more than ever, companies need to nurture their workforce to remain competitive and fully embrace growth opportunities.
As society is trying to figure out ways to best manage global climate change, organisations are expected to further rethink their footprint and operations, as well as the role their workforce can (or expect to) play in this moment.
Transformative technology and innovation rapidly changes how we operate in the world. It creates tremendous opportunities for value creation but also presents a broader range of risks and disruption for organisations.
The world is becoming more fractured and multi-nodal as more nation states are competing for influence, with the rest of the world aligning around them. Organisations are operating in an unstable context and require an increased level of resilience to best navigate new local and international complexities.
As the global population median age increases and underemployment skyrockets in numerous societies, social systems are facing growing constraints to sustainably develop communities. These issues are significantly shifting consumption patterns, skills availabilities and social dynamics which organisations can no longer ignore.
Workforce-related risks are more interconnected than ever. Profound market shifts are accelerating the need for organisations to not only understand the risks impacting their organisations but to leverage them to drive competitive advantage.
It’s not enough for organisations to respond reactively. Organisations and their leaders are now judged on how effectively they pre-empt and navigate these challenges.
That’s why we designed the workforce risk framework. It’s an easy to understand, manageable model to assess and clearly assess the risks you are exposed to, the strengths available across your organisation and your development opportunities. It provides a clear and precise view that enables you to effectively navigate your challenges by helping you prioritise, act with impact and adopt mitigating measures.
Workforce risk framework
The workforce risk framework positions workforce risk at the heart of the organisation’s strategy and operations. It is a strategic, data-driven tool to identify and address each of the risks inherent in the business environment.
Brand and reputation
Your brand and reputation is a commodity so understanding the impact of your workforce on your internal and external image is critical. Proactively identifying risks, and opportunities to improve, means you are better prepared to avoid any future crises.
Regulatory and compliance
Understanding your workforce related regulatory and compliance landscape with a forward-looking, proactive approach will create financial and reputational value. As you keep ahead of the curve on emerging regulatory obligations, you will create competitive advantage.
Talent and people
Talent and people are at the heart of any organisation, understanding how your people are managed, rewarded and their lived experience of your organisation will be key to unlocking their true potential.
Organisation
Your organisation's structure, operating model and functional relationships are the foundation to successfully managing your workforce risk landscape. Unlocking the potential of a best in class organisational strategy will drive efficiencies and value, in turn building a resilient business.
With many dynamics at play, it’s important to understand how all of your workforce-related risks interact and to what extent they impact your organisation. Our extensive and tailorable framework leverages market intelligence and a holistic outlook on the challenges you are facing to provide you with a unique view of the risks residing within and outside your organisation.
Hover over any risk or business category to explore
| Risk | Lever | Brand and reputation | Regulatory and compliance | Organisation | Talent and people |
| HR strategy effectiveness | Workforce strategy | 10 | 10 | 40 | 40 |
| HR process and policy | Workforce strategy | 10 | 10 | 40 | 40 |
| HR function effectiveness | Workforce strategy | 10 | 10 | 40 | 40 |
| Employee value proposition | Workforce strategy | 20 | 0 | 0 | 80 |
| Culture strategy | Workforce strategy | 40 | 0 | 20 | 40 |
| Intergenerational cultural perspectives | Workforce strategy | 40 | 0 | 20 | 40 |
| Culture and leadership alignment | Workforce strategy | 40 | 0 | 20 | 40 |
| HR operating model effectiveness | Workforce strategy | 0 | 0 | 80 | 20 |
| Organisational agility | Workforce strategy | 0 | 0 | 80 | 20 |
| Effective integration of iunctions | Workforce strategy | 0 | 0 | 80 | 20 |
| Performance management tools and technology | Workforce strategy | 20 | 10 | 10 | 60 |
| Talent and succession tools and technology | Workforce strategy | 20 | 10 | 10 | 60 |
| Learning and development tools and technology | Workforce strategy | 20 | 10 | 10 | 60 |
| Society wide skills availability | Workforce strategy | 20 | 0 | 10 | 70 |
| Hybrid and remote working strategy | Workforce strategy | 20 | 0 | 10 | 70 |
| Talent upskilling strategy | Workforce strategy | 20 | 0 | 10 | 70 |
| Wellbeing strategy | Workforce strategy | 20 | 10 | 0 | 70 |
| Wellbeing monitoring | Workforce strategy | 20 | 10 | 0 | 70 |
| Executive pay | Tax and benefits | 40 | 10 | 0 | 50 |
| Reward strategy effectiveness | Tax and benefits | 20 | 10 | 10 | 60 |
| Employment tax compliance | Tax and benefits | 10 | 80 | 0 | 10 |
| Union and industrial action | Risk and regulation | 20 | 60 | 0 | 20 |
| Hybrid and remote working compliance | Risk and regulation | 20 | 60 | 0 | 20 |
| Employee relation management | Risk and regulation | 20 | 60 | 0 | 20 |
| Coporate washing | Risk and regulation | 70 | 10 | 0 | 20 |
| Social value | Risk and regulation | 70 | 10 | 0 | 20 |
| Workforce sustainability reporting obligations | Risk and regulation | 30 | 60 | 0 | 10 |
| Complexity and availability of policies | Risk and regulation | 20 | 60 | 0 | 20 |
| Safety and security of employees | Risk and regulation | 20 | 60 | 0 | 20 |
| Policy horizon scanning | Risk and regulation | 20 | 60 | 0 | 20 |
| Expense fraud | Risk and regulation | 10 | 80 | 0 | 10 |
| Geographically mobile employees | Risk and regulation | 10 | 80 | 0 | 10 |
| Leadership alignment and understanding | Leadership | 20 | 10 | 0 | 70 |
| Top team effectiveness | Leadership | 20 | 0 | 40 | 40 |
| Leadership succession planning | Leadership | 20 | 0 | 40 | 40 |
| Leadership development strategy | Leadership | 20 | 0 | 40 | 40 |
| Demographic and population changes | Sustainability | 60 | 10 | 10 | 20 |
| Political commentary | Sustainability | 60 | 10 | 10 | 20 |
| Political and social neutrality | Sustainability | 60 | 10 | 10 | 20 |
| Employee targeting | Digital | 20 | 80 | 0 | 0 |
| Insider risk | Digital | 20 | 80 | 0 | 0 |
| Cyber risk culture | Digital | 20 | 80 | 0 | 0 |
Organisations rely on humans to assess their workforce risks, but even when they lean on decades of experience, no single executive or executive team can prepare for a future they can’t fully understand.
We can support you to leverage data to look both backwards and forwards, weeding through emerging and often interconnected risk factors in real time. Your personalised insight dashboard takes into account your appetite for certain types of risks while limiting the guess work to leave you with a precise view of your investment priorities.
Our risk profile dashboard provides you with a high level overview of your key risks and opportunities by workforce category or function, allowing you to focus on areas of high potential to prioritise and maximise investments.
Our risk heatmap allows you see to visually see the potential impact of importance of individual risks as well as a comparison of different parts of your business. This gives you a birds eye view of where to focus your resources and investment.
