Todd Davies’ Post [Video]

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Outcomes-driven board member & committee chair | Advisor, coach and mentor to audit & risk leaders | Cross-sector expertise | Global top 10 audit / risk thought leader 3 years running. #esg #governance #risk #assurance

Coronavirus – Risk and Governance Implications Wednesday 25th March 2020 KEY DEVELOPMENTS Very strict gathering rules in the UK and Germany and further afield. From a risk perspective – reinforces the importance of having your remote / virtual communication channels tested and hardened. RISK AND GOVERNANCE CONSIDERATIONS If your enterprise risk management framework isn’t in sync with what’s happening right now it needs radical overhaul. Principal risks are enduring. Get your principal risks on a single page. Enterprise risk management needs to be focused on 3 horizons that are separate but interrelated. All three horizons need to be dealt with simultaneously which requires enormous leadership effort. Make sure you follow official public health channels for latest information. Thanks Tom McLeod #risk #riskassessment #corpgov #coronavirus #COVID19 #contigencyplanning #ERM #resilience #strategy

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