360 Degree Risk Assessment for Reliable ContingentWorkforce Operations - A Business Credibility Model
Year: 2024
Type: article
Abstract: The gig economy, while providing big tech companies with unparalleled access to specialized talent and operational agility, simultaneously introduces a complex spectrum of risks, ranging from financial liabilities to regulatory non-compliance and performance inefficiencies. Traditional risk management frameworks fall short of addressing the dynamic nature of these challenges. This paper presents the 360° Risk Assessment Model, an advanced, data-driven framework leveraging machine learning to deliver a real-time, multi-faceted evaluation of risk. By dynamically quantifying and recalibrating risk scores, this model empowers enterprises to strategically mitigate potential losses, optimize decision-making, and enhance the governance of their contingent workforce ecosystem.
Author: Anita Routray
Language: English
Topic: AI and HR Technologies
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402813860