4.2 Risks
Risks, in this paper, can be defined as changes which a central bank may face when it operates the existing HRM system or introduces new HRM systems or ideas to cope with challenges.
If the challenges mentioned in 4.1 are to be overcome by the Bank, the performance of the Bank will need to be improved. If the Bank continues to practice the existing HRM system, it will be faced with difficulties in achieving the CBM’s objectives in the midst of the present difficult financial and economic environment. Due to limited funds, the Bank cannot outsource for external expertise.