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(5/4) The Impact of COVID-19 in the Boardroom: A Survey

By Joanne Kaldy / May 4, 2020

The COVID pandemic took many people by surprise including, according to a new survey, board-level executives:

  • Nearly 40% of boards did not have risk mitigation plans in place prior to the crisis.
  • Half (50%) of directors say that – during this crisis – they have focused on providing external perspective and information; 22% say scenario planning. Only 19% recognize the importance of providing emotional support for the CEO.
  • 40% of directors think that board meetings will still require in-person attendance post-crisis.

As you are navigating your response to COVID-19, be aware that board members may have questions and require some answers and guidance. Have data ready and a process in place for sharing it as appropriate.

Read the full article.

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Categories: HR Industry Brief /

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