Post Pandemic- How should your board respond?
The pandemic has changed what work looks like for everyone. Directors are no exception. Navigating the COVID-19 crisis involves close analysis of a variety of concerns by the board of directors, which is responsible for managing the corporation's short- and long-term stability as well as its economic opportunities. In response to the threats and dangers faced by the COVID-19 pandemic, the post-pandemic addresses many corporate governance concerns for directors to address.
Boards should work areas of specialization in the post-pandemic board to exert effective oversight and governance on these new issues: government partnerships and procurement, supply chain and crisis preparation, risk assessment, environmental, social and governance (ESG), human resources and marketing, restructuring and process redesign for improved organization operation.
