Mitigating Risks for Effective Personnel Management in the Organization of the Energy Sector due to the COVID-19 Pandemic

Abstract

One of the three most important components of the effective work of an organization or enterprise in the energy sector is properly organized staff work. Thus, all the risks arising in this process should be given proper consideration. Conventional methods can hardly be of any assistance, which is why this paper proposes the innovative rapidly adaptive model for the evaluation of existing risks and the forecasting of emerging ones due to the COVID-19 pandemic in modern personnel management. The model employs a probability theory and applies it to four major risk groups, which are related to many factors. It also describes the methods of mitigating these risks. This made it possible to improve personnel management efficiency, thus offsetting the adverse consequences of the COVID-19 pandemic.