The Risk Management In Campus Recruitment Project

With the rapid growth of the economy in China, companies are encountering extensive competition and challenges, resulting in changing internal and external environments. The talent capital has become the critical factor which drives and maintains the development and sustainability of companies. On-campus recruitment is proven to be a qualified channel which can attract young graduates to fulfill entry-level positions and accumulate a potential talent pool for future development. In addition to recruitment effectiveness, low hiring costs and high return on branding promotion are two additional strengths which are highly valued by most companies. Thus, an increasing number of companies have adopted this hiring method and regard it as a unique project to execute. However, constrained by time, space and resources, the campus hiring program is inevitably threatened by related risk factors,This essay will illustrate how theories of risk management are applied in practice based on the real case of X company. From the perspective of the employer, the flowchart will be used to analyze the entire hiring process and thereby identify related risk factors. Then, PRMEA (Process Failure Mode and Effects Analysis) method will be employed to access and rank these risk factors. Following the analysis, the corresponding measures associated with those risk factors will be proposed respectively.This essay will attempt to minimize uncertainties embedded in the campus hiring program through risk control and prevention. The improvement of campus hiring effectiveness and optimization of the hiring process are expected to be achieved. Moreover, the article will aim to enrich the theory of risk management by exploring the theory in practice.