How Boards Can Be Forces for Change Amid the COVID-19 Crisis

How Boards Can Be Forces for Change Amid the COVID-19 Crisis

How Boards Can Be Forces for Change Amid the COVID-19 Crisis 1024 522 Mara Di Loreto

“businesses should carry out simplified planning and backcasting from various possible future scenarios to have greater visibility on the interconnectivity between multiple risks. This will generate strategic and tactical options to aid immediate decision-making and to avoid backfires in the medium-term. We need peripheral vision in turbulent times, as many challenges will not be the ones immediately in front of us. Stakeholder analysis and relationship mapping of critical strategic and financial levers will make more visible the actions needed three, six, nine, and 12 months down the line.”

NACD BoardTalk: Helle Bank Jorgensen and Tom Cummings (April 2, 2020)

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