Tucana People Analytics Podcast | Insights & Interviews From The World Of Human Resources

In this week’s episode, Max Blumberg spoke with Andrew Woolnough (at the time, Value Proposition Director, Willis Towers Watson) about the concept of People Risk – what it means, what role HR needs to play, and why it is critically important for the finances of the business. Risk is a huge business issue, and considering the financial commitment that a company makes to Reward, Training, Recruitment and other People-related costs, the financial implications of analysing and controlling People Risk are immense. As an insurer, Willis have been working extensively in this area, and Andrew gives a behind-the-scenes look at what they are finding. He explains how a Risk- and data-savvy HR department can have a direct and significant impact on a company costs, which is a prime concern of the C-Suite. Ideas covered this week: What is People Risk? Who owns People Risk? Risk mapping: what stage is HR at? How does cross-functional collaboration enable better People Risk management? What do insurers look at when assessin