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Technical

Strategic implications of COVID-19 and its aftermath Logo cima

  David A J Axson |   Free |   Jun 2020 |   FM magazine

The long term implications of the Covid-19 crisis are still unclear. This article discusses three short term strategies namely how will the interactions between workers, partners and customers change; financial survival; and adapting the planning and management processes post pandemic. Each area is examined but it is clear that in terms of risk management the present reliance on supply chains and relationships needs to change.

Topics covered:
  • Management accounting: Technical: Risk management & internal control: Risk identification & assessment, Advanced

1 Comments/Reflections

Craig Thornhill

Craig Thornhill Jun 2020

Excellent article with some challenging questions.

The collaboration requirement in setting the new norm will be an interesting development as we go forward.

I myself have been working from home and I can see first hand the added difficulties this can bring for an employee, which inevitably mangement and organisations will have to adapt to also.