As the COVID-19 crisis continues to unfold, political and business leaders alike appear to be fumbling in the dark, applying a wide variety of untested measures to limit the damage to their economies, communities and operations. Amid all of this, a paradox is surfacing: the passage of time is negatively impacting revenue in organizations, and yet it allows us to learn, and to enhance mitigation strategies that can help to ensure business continuity and protect people concurrently.
In the previous edition of our COVID-19 Response and Recovery Series, we at dss+ discussed the degree to which companies were prepared to respond to the COVID-19 crisis and highlighted seven key recommendations for leaders as they start to plan their response and recovery efforts. In this edition, we will share learnings and best practices related to business continuity from past crises, and from those who are beginning to emerge from the crisis, to help organizations recover more effectively.
SEVEN KEY LESSONS HAVE EMERGED
Though much uncertainty remains – be it related to the lack of knowledge about the dynamics of the coronavirus itself, the duration of lockdowns or the global economic outlook – we can refer to the best practices that were developed in China, South Korea and elsewhere, as well as those from past crises to inform how companies can develop effective plans to stay ahead of this ongoing crisis.
View the Infographic.