Business Continuity Steps for Rebounding From the COVID-19 Pandemic

Business Continuity Steps for Rebounding From the COVID-19 Pandemic

  1. Collect lessons learned across your entire organization, assess them, and determine how they can best contribute to your company rebounding from the current crisis and preparing for the next one. Select the steps that make the most sense for your company and assess any legal implications involved.
  2. Analyze your organization’s business agility versus business resiliency and determine critical areas for improvement. Businesses have been faced with defining moments to demonstrate their resiliency to withstand the pandemic health crisis and government shut-down orders. Yet, they need to be agile in their business operations and legal considerations are the common thread of resiliency in preparation for the next crisis, whatever it may be.
  3. Determine how your organization is best positioned to avoid risks throughout the rest of the year. While 2019 was the year for being innovative and taking risks, 2020 is now all about risk management. Corporate goals have shifted and mitigating risk is the new normal. Legal obligations, duties and planning need to be at the forefront of your business.
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