How your organization can assess and respond to COVID-19 related risks.
The outbreak of the Coronavirus Disease 2019 (COVID 19) has stricken communities across the globe. The virus’ rapid geographical spread has caught the world off guard, with major implications for personal health, business continuity and the world economic order. Globally integrated supply chain models have been disrupted, threatening a financial slow down.
Unfortunately, most organizations around the world are ill prepared to navigate through these uncertain times. According to EY’s Global Risk Survey 2020 which surveyed 500 board members and CEOs across the world nearly 4 out of 5 respondents stated that their organizations are not very well prepared to deal with a crisis event.