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The Conference Board KnowlEdge Series™
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Join a high-level conversation with fellow industry leaders and experts from The Conference Board to address emerging business issues identified by our members. Each KnowlEdge Series is composed of three or four half-hour programs that build on each other. The interactive, web-based format ensures ease of access. Supplemental materials and online availability keep the discussion going long after the series ends. Provocative and proactive, the KnowlEdge Series informs and deepens your company’s internal dialogue on the most pressing issues of the day. |
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Managing Human Capital Risk: Applying Risk Management Tools to Strategic Workforce Planning Dates: September 15, 22 and 29 at 11:00 a.m. EDT, 16.00 UK and 17.00 for CET. Time Zone Converter |
If you are interested in learning more about this program, contact Customer Service at 212-339-0345 |
Of all the risks facing your company, which could most seriously threaten its ability to execute a global business strategy? When The Economist asked that question of risk management executives, human capital risk ranked highest. But when asked to rate how effectively their company manages each of these same risks, human capital dropped to near the bottom. The only risks they were doing a worse job managing? Climate change and terrorism.
The Business Issue: For most companies, human capital not only accounts for a large percentage of operating costs, it is also a huge risk factor. Yet very few companies have attempted to assess, measure, and manage human capital risk in a systematic way. Drawing upon research from The Conference Board in two areas—risk management and strategic workforce planning—this series will explore how companies are bringing these disciplines together to more effectively manage human capital risk and mitigate its potential impact.
The Knowledge Series is targeted at a cross-functional audience: Corporate Planning, Risk Management, Strategic Workforce Planning, HR, Finance and Procurement.
Hosts: David Learmond, Executive Fellow, Global Human Capital and Mary Young, Senior Researcher, The Conference Board
| Part 1: (30 min) Managing Human Capital Risk (Tuesday, September 15, 2009, 11:00 AM EDT) | ||
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Guest: Ellen Hexter, Senior Advisor, Enterprise Risk Management, The Conference Board What can Strategic Workforce Planning (SWP) learn from applying Risk Management processes and tools and how can Risk Management gain by using SWP to manage human capital risks? The two functions use many of the same tools and face similar obstacles to implementation. ERM offers many practical lessons companies can apply to make workforce planning more strategic. |
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| Part 2: (30 min.) Helping Your Company Stay Ahead in a Rapidly Changing Environment.(Tuesday, September 22, 2009, 11:00 AM EDT) | ||
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Guest: Dianna L. Peterson, The Boeing Company Environmental scanning and scenario-planning are used to help business leaders explore potential changes in the company’s environment, strategy, technology, etc. and their impacts on the workforce. This session explores various data sources for external information and real-life applications of planning and risk management tools to support strategies and mitigate human capital risk. |
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| Part 3: (30 min) Tracking the Shadow Workforce (Tuesday, September 29, 2009, 11:00 AM EDT) | ||
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Guest: Stuart S. Larson and Traci H. Ramsey, Monsanto Company Many companies have little information about their contractors (Who are they? Who do they work for? What are our legal obligations?) or the potential risks they pose in terms of intellectual privacy, data security, depletion of critical workforce segments or knowledge loss. The session will focus on why companies need to get a better handle on how managers use contractors, and how companies go about doing so using SWP and ERM. |
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David Learmond, Executive Fellow, Global Human Capital, The Conference
Board
David advises The Conference Board on the Human Capital knowledge area, helping to develop the global community of practice and identifying the key themes and issues of most
interest and relevance to our members. David lived and worked in Shanghai for five years as Senior Vice President and HR Director for Unilever China. Before this he was based
in Sydney, Australia where he was HR Director for Unilever Australasia. Prior to this he was Head of HR for Unilever’s global Research and Development organisation and
operated from Unilever’s Corporate Centre in The Netherlands. He is now based in Edinburgh, Scotland and combines his work with The Conference Board with the University
of Cambridge where he is a Principal Industrial Fellow in the Institute for Manufacturing and a partner at Better Business Coaching LLP, an international executive coaching
business.
Mary Young, Senior Research Associate, The Conference Board
Dr. Young’s Conference Board research focuses on strategic workforce planning and the mature workforce. She is the author of Strategic Workforce Planning: Leveraging
Human Capital to Execute Business Strategy (The Conference Board, 2006). Her research on public-sector human resources issues in the US has been published in two research
reports: Building the Leadership Pipeline in Local, State and Federal Government (2005) and The Aging and Retiring Government Workforce (2003), both of which
are available from CPS Human Resource Services ( www.cps.ca.gov). Young’s research on human resource issues has been cited in the
New York Times, the Wall Street Journal, Financial Times, USA Today, Time, Business Week, and National Public Radio’s "Morning Edition."
Ellen S. Hexter, The Conference Board
Ms. Hexter leads The Conference Board’s work in Enterprise Risk Management, developing research and executive programs on enterprise risk management. She manages seven
Councils at The Conference Board, including both the European and U.S. Strategic Risk Councils and the Council of Financial Executives. She has managed The Conference
Board’s research on ERM and is the author of the recently published report on the state of enterprise risk management, Risky Business and is co-author of
ERM in India. She is co-authoring the forthcoming The Conference Board report, Managing Reputation Risk. Ms. Hexter speaks frequently on risk and governance
issues.
Dianna L. Peterson, Director, Strategic Workforce Planning, The Boeing Company
Dianna Peterson leads the team responsible for understanding near term and future workforce requirements, to better determine future critical skills and knowledge needed to
meet Boeing’s business goals and objectives. In addition, Peterson provides leadership and operational focus for University Relations and the Higher Education Integration
Board (HEIB), ensuring Boeing has the right relationships with the right schools for Boeing’s hiring needs, effective continuing education, and research & development
aligned to Boeing’s critical skills needs. Peterson brings over 30 years of Boeing experience in Human Resources. She has served in a variety of leadership positions in
the areas of HR Business Partner, supporting many business units and functions, Compensation, Employee Relations, Organizational Development and Staffing.
Stuart S Larson (Stu), Director, Global Strategic Workforce Planning, Monsanto Company, St. Louis, Missouri
Stu Larson has overall responsibility for short and long term talent forecasting for Monsanto, as well as for identifying the most significant talent management issues
facing the company and addressing them in partnership with the global Talent Management organization. Prior to his current role, Stu spent 13 years in various levels of
Organizational Development for the Chemical Division of Monsanto, then Solutia, and finally the new Monsanto. During his time as an Internal OD resource he led numerous
change initiatives ranging from broad, global programs such as designing and implementing performance management systems, designing and leading global leadership development
initiatives, and developing and implementing global feedback and survey tools. He has also been involved in more customized interventions, including strategic business planning,
team building, and coaching and mentoring for a wide range of individuals, teams and organizations.
Traci H. Ramsey, Global Contingent Labor Lead, Monsanto Company
Traci Ramsey has responsibility for leading the contingent labor operations and strategy as well as the corporate alumni program which services contingent labor needs with
retirees and former Monsanto employees. Her team is focused on nationalizing and globalizing the corporate program as well as workforce planning for contract labor. They
are also focused on 1099 contractors and how to best utilize and manage that work group. Traci has 12 years of experience in the Human Resources field, primarily in
generalist roles supporting a variety of functions from research and development to service divisions. She also has held roles in staffing, international assignments,
benefits and HRIT.
CEO / C-Suite