Business Continuity Lessons Learned from COVID-19
The business continuity challenge is intensified by uncertainties about the progression of COVID-19 and the social, political, and fiscal actions it will drive. In a prolonged time of uncertainty, businesses must restructure their operations and adapt to the ever-present unpredictability. It means being prepared for disruption.
To aid organizations with that transition. our team has developed this guide that covers:
- - BC lessons learned
- - Adapting to the evolving BC landscape
- - Increasing business resiliency
- - Testing your Business Continuity Plan
Overview
The top challenge in responding to COVID-19, according to our own survey, is “supporting the health and safety of employees. The second most common challenge is “maintaining employee productivity and morale,” which serves as proof of some companies struggling with adapting a work-from-home strategy. Here are some tips for how to prepare your business for the Coronavirus pandemic.
Today’s leaders can’t ignore the role of COVID-19. It is time to learn lessons and make wise, tactical changes that will benefit a company as a whole. The coronavirus has wildly disrupted global trade, upending production and supply chains in almost every sector.
More than half of employers are updating their emergency preparedness plans to reflect the times. This is an excellent example of good leadership.