‘Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning’. Wise words by Winston Churchill and as the business world looks to move forward post the imposed lockdowns around the world, Boards and Executive Teams need to influence and lead their businesses to the new way of work. A recent McKinsey & Company article highlighted the need for Boards to coach and advise its management teams and to:
· Take time to recognize how the people who depend on the business feel
· Have aspirations about the post Covid-19 world but build the resilience to make them a reality
· Strengthen capabilities to engage and work with regulators, governments and other stakeholders
· Watch out for non Covid-19 risks and make sure to carve out time to dedicate to the familiar risks of the business that have not gone away
While many challenges remain, opportunities are available for those businesses that have the right culture, strategy and leadership teams and an agility to meet the ever changing needs of the market. Relevance has to be at the core of #yourjouneyahead