ON-DEMAND Webinar

Prepare Your Organization For Pandemic Recovery

Original Broadcast Date:Apr 22nd, 2020
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Stephanie BalaourasVP, Group Director
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Alla ValentePrincipal Analyst
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Jeff BeckerSenior Analyst
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Scott ComptonSenior Analyst
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Description

As the epicenter of the COVID-19 pandemic shifts around the world and each affected region reaches its peak infection rate, firms must prepare now to restart closed plants, reopen retail locations, and bring employees back to work. Recovery planning will need to be staged to reduce the health and financial risks of future scenarios that include a second wave, a steep economic downturn, and permanent changes to employee and consumer behaviors. This webinar details the essential steps and new pandemic management protocols for planning your operational recovery.

Key takeaways:

  • Unlike extreme weather or IT disruptions, pandemics last anywhere from 12 to 24 months; the non-episodic nature of pandemics means that recovery requires a specialized plan that allows businesses to take a staged approach.
  • Until there is a vaccine or general immunity, disease outbreaks can subside and then flare up again. Businesses must be prepared to quickly close and reopen their operations if there is a new burst of infections or a second wave.
  • Before beginning to bring employees back to work, businesses will have to create and implement detailed pandemic management protocols that protect the health and safety of employees, consumers, and partners.
  • Businesses will also have to monitor consumer demand and the economy before returning to full capacity. In addition, business leaders and risk managers will need to work with their CFO to run stress testing to gauge performance under different economic scenarios.

Target audience level: all levels

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