Although lockdown has lifted in many parts of the UK and businesses are returning to work, the ongoing pandemic is still causing disruption and presenting challenges for businesses -- from social distancing to changing customer demands.
To help businesses develop a risk-based strategy to cope in the “new normal”, specialist insurer Ecclesiastical has created a planning framework to help organisations set out their next steps as they return to work.
The plan includes a set of tools that have been designed to help businesses identify any potential impact, risks and opportunities for organisations going forward. These include checklists to look at the impact of the pandemic on the business -- such as cash flow issues, whether a lack of technology has hampered delivery of service, to the challenges of keeping stakeholders informed.
Sarah Pearson, head of enterprise risk at Ecclesiastical, said: “In these incredibly challenging times organisations across the country have shown amazing resilience and flexibility to adapt to a new landscape, all while managing the risks associated with a global pandemic.
“While we are all still going through a huge amount of change, developing a recovery plan to help you navigate the ‘new norm’ is good governance and using a risk-based approach will mean you are better prepared for whatever the future may hold.”
The planning framework and tools are available here: www.ecclesiastical.com/business-resilience-roadmap.
Image: BSI
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