It's likely that the COVID-19 Coronavirus will continue to affect people and economies across the globe for some time to come, impacting many of our clients operating in diverse industries. The speed at which the situation unfolded required a degree of agility to assess and respond quickly to risks as they arose. This requirement remains as we tread the path to recovery.
While companies have taken steps to mitigate the impact of the virus, the day-to-day operations of their businesses continue to be affected in a plethora of ways.
Managing business risk is a key consideration for companies as lockdown is eased and support, such as the UK's furlough scheme, is removed. Business considerations might include banking and commercial arrangements as well as customer behaviour and employee expectations. Employers will be concerned with preparing for a safe return to the office to ensure employees, clients and working practices are not affected.
While the outlook is still marred with uncertainty, what's clear is that the situation will continue for some time yet. Businesses will need to be able to absorb knowledge, understand their risks and implement processes to boost business resilience. Where we have expertise that can support our clients in navigating this uncertain time, we will share in-the-moment updates with you as they arise.
At Howard Kennedy, we seek to remain agile and continue to work in new and innovative ways. To support our clients, both in the UK and internationally, we plan to regularly share any insight developed through our work with our clients across a range of industry sectors.
For us, it's business as usual... just not in the usual place. But if there's anything we can do to better support our clients then please let us know.