Ten crisis checkpoints to start your COVID-19 Pandemic Planning

  1. Establish a Pandemic preparedness framework
  • Form a team that represents all critical business functions
  • To assess the relative importance of business activities
  • Organize them into tiers for response or recovery
  1. Monitor the situation to determine a change in severity
  • Numerous sources of information can help you monitor the rate at which the infection is spreading and its severity
  • Many Companies rely on comprehensive information found on WHO website
  1. Review finance and treasury implications
  • Make sure to revise revenue forecasts
  • Communicate with Investors and Suppliers about any potential financial issues
  • It’s also critical to ensure that your Company has the working capital to ride out the storm
  • Consider increasing the frequency of working capital checks
  • Seeking loans or government sponsored financial relief to support cash flow
  1. Extend your clean workplace / personal hygiene protocols
  • It’s critical to ensure that your Company complies with any new workplace regulations
  • Establish handling protocols for staff returning from affected areas
  • Extend your Company’s existing hygiene activities around cleaning and providing hygiene supplies
  1. Review HR Policies and Practices
  • Closely monitor your Company’s absenteeism rate for any sign of a problem
  • Identify critical staff and make sure your Company can continue to function in their absence
  • Be as prepared as you can be for absentee rate of up to 40%
  • Be sensitive to changes in employee engagement and workplace preferences
  • Consider offering extra sick leave or a remote work program
  • Other things to consider are possible repatriation of employees
  • Visitor handling procedures
  1. Establish a Pandemic communications program
  • People can feel out of the loop quickly, especially during a Pandemic
  • Assign a spokesperson for the Company who is appropriate for the situation
  • Establish a Pandemic communications program with pre-approved messages and scripts for various stakeholders, including employees, customers, supply chain partners, insurance companies, regulators and community public health officials
  1. Review impact on business operations
  • Break down this potential task into activities or business areas
  • The team formed in Step-1 should identify key areas to consider
  • Understanding the reality on the ground in countries of operations is critical
  • Assessing third parties for their exposures
  • Is transport functioning?
  • Have holidays been extended?
  • Where can operations continue and where must they stop?
  1. Review IT actions and considerations
  • IT as a business function tends to be relatively well-prepared in terms of business continuity
  • Assess the supply chain for critical equipment and keep extra inventory if needed
  • Look at remote Data Center Management and Cloud Options for critical systems
  • Enable remote working programs
  • Investigate alternative voice and chat options
  • Reschedule non-essential IT work and prioritize key applications
  1. Use a preparedness exercise to review Pandemic plans and identify gaps in response
  • Validate roles and responsibilities
  • Validate recovery requirements and procedures
  • Preparedness exercise, such as work-from-home drill or a table simulation that operates on a compressed time scale
  • Identify any gaps in recovery capability and resource needs
  • Assess whether team members can cope with their responsibilities and also promote collaboration between them
  • Get feedback from the crisis management team
  1. After-action review
  • Identify three lessons learned
  • Key observations as a result of Pandemic planning
  • Get each area to identify at least three areas for improvement in the exercise
  • List and prioritize your short and long-term follow-up actions
  • Schedule future exercises or results reports

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