Considering Business Continuity in the World of COVID-19
Date: Monday, March 30, 2020
Instructor: Lynn Fountain
||1:00pm Pacific Time
2:00pm Mountain Time
3:00pm Central Time
4:00pm Eastern Time
||1 hour for CPAs
As the world and all organizations continue to work through the issues created by the COVID-19 crisis, it is essential for the life of our economy that corporate and business leaders pro-actively develop processes to enable them to effectively react to the critical business impacts being seen and felt all over the world. If the economy is to recover and stabilize, business must not just react, but also establish plans to “return to our new normal”. What is the new normal? Day-by-day that is changing, but just like any other business continuity process we must learn how to adapt and react.
All companies deal and consider business continuity issues, but the current Pandemic has created a whole new level of concerns related to the issue. We still have concerns over systems continuity, and business operations, but all of a sudden the risks surrounding the supply chain, cyber security from work at home issues, unemployment and furloughs have crept into the topic. The wave of “work-at-home” and quarantine times will make the effective handling of business continuity more difficult.
Join Lynn Fountain as she focuses on certain priorities that organizations should consider to protect their businesses and help the economy recover. Those issues span management of human resource issues to balancing corporate liquidity and working with the supply chain.
Who Should Attend
All professionals in business.
- Priorities that organizations should consider to protect their businesses
- How organizations can potentially help the economy recover
- Human resource issues
- Corporate liquidity
- Working with the supply chain
- Business Continuity for Information Technology
- Recognize how to manage people and human resource concerns
- Identify how to work with the supply chain
- Describe balance corporate liquidity
- Identify governmental, legislative and community requirements
- Recognize how to examine needs for open, relevant, and timely communication with stakeholders
NASBA Field of Study
Business Management & Organization (1 hour)