This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

COVID-19 and the board: A chair’s point of view – Five principles of a strong board during crisis

Published on: Mar 31, 2020

This perspective examines how the work of boards at this pivotal moment will be a critical factor in an organization’s ability to emerge from the current crisis and push forward into a new era of economic recovery and opportunity for the benefit of all stakeholders.

The global COVID-19 pandemic has hit all states and provinces in the United States and Canada and as of this writing, the number of cases is rising every day. While our countries and others around the world grapple with how to respond, businesses should be supporting the health and well-being of their people and initiatives to help “flatten the curve.”

As two chairs experiencing this pandemic and its aftermath within their boards and those of clients, this perspective offers five principles that strong boards exemplify during a crisis:

  • Take care of each other
  • Challenge the operating model of your board
  • Be flexible in board engagement
  • Take the long view
  • Ask deliberate questions

This publication was released by our Global firm.

Download

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.