GPC will be engaging with members of our GPC COVID-19 ADVISORY PANEL for their insights on how boards will need to shift their conversations, and where organizations have to focus their attention, as the next few months will bring more changes as recovery begins.
Risk Management- what are the separate roles of Management and Board?
How do structured Enterprise Risk Management frameworks factor in crisis?
Business Continuity Planning- what is the boards role?
How should boards prepare for the next crisis? If not a pandemic, what else should boards prepare for?
Some key areas of board focus:
Systemic racism and a more equitable workplace?
Data security and data use
Whistleblowing – Are your policies equipped for the rise in workplace activism?
D&O insurance and coverage in an age of pandemics and climate risk
Impact of continued physical distancing and health related considerations
Addressing employee and customer health and safety
Balancing employee wellbeing and business needs
Managing teams remotely – beyond the crisis and into the long term
Worker re-employment challenges
Compensation considerations for executives and employees for 2020 and beyond
Oversight of strategy – how has the board’s role changed as a result of the pandemic?
What are the strategic planning priorities for boards looking post-COVID?
What role does Risk Management play in strategy?
How do we strategize when we have so much uncertainty?
Doing business in a changed world: new economic models, contingent suppliers, implications of transportation and logistics
Financing, lending and the new economic model – what are the liquidity implications for your business?
How should your organization’s strategy and business model respond to changes in customer/client needs and preferences?
How to re-engage with customers, clients, stakeholders
How has the COVID situation disrupted how board meetings are run?
What are the best practices for managing the new ‘normal’ in board meetings?
What will board agendas look like going forward?
How to restructure Board strategy refresh and retreats – What works? What models?
Engaging with customers, clients, stakeholders virtually
A recap on virtual AGMs - what are the successes and lessons learned?
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