NBAU Blog
Crisis preparedness: in hindsight, in times of volatility we need foresight
A medical catastrophe at its core, COVID-19 is triggering multiple secondary disasters, from a shock to national economies to layoffs to travel bans to mental health issues. Unsurprisingly, this global mega crisis has exposed stress points in our structures of preparedness.
When boards should act, not react, in a crisis
There should be a close relationship between Management and Boards of Directors, and that is particularly true during a crisis. Many organizations do not include, or even mention, their Board in their crisis plans. However, some are learning – often the hard way – that guidance and oversight matter the most when stakes are high.