Business Continuity Planning
Swift and sudden actions by government agencies, coupled with preventative measures by businesses to mitigate the spread of the virus catapulted crisis response measures from plans into actions virtually overnight. As organizations around the world transition into a new mode of operating, leadership teams must now plan for recovery.
The global economy and society will inevitably return to a new normal, as evidenced by China and South Korea, hallmarked first by a decrease in the number of confirmed cases and a general sense that preventative measures have worked, followed by community and company confidence in the ability to return to a new business as usual. This assumes the first peak of this epidemic will be the most severe.