Restarting Business During COVID-19

In brief: As some parts of the United States move through reopening phases, the data present a troubling picture with rising infection rates across the United States. Guidelines and regulations for businesses have shifted frequently and, in some instances, have been absent. This has exacerbated one of the phenomena that business most abhors—uncertainty.

NACD, along with its partners Farient Advisors; Heidrick & Struggles; KPMG; PwC; Sidley Austin LLP; and Weil, Gotshal & Manges LLP, convened the four Fortune 500 Committee Chair Advisory Councils over the course of two weeks for a series of virtual meeting discussions on the current strategies for restarting businesses and board oversight of these efforts. 

This resource can help your board to take the following steps:

  • Evaluate executive leadership’s restarting plan. 
  • Consider the costs of an effective restarting plan.
  • Think about restarting risks as enterprise risk.

Most relevant audiences: board chairs, lead independent directors, risk committee members, CEOs, and general counsel