Resilient

For years, many companies have used scenario planning as a tool to help understand what the future might bring and a framework for how business leaders could plan and prepare. In the current environment, this type of planning is particularly challenging since the short-term unknowns are in some ways greater than the longer-term uncertainty.

The COVID-19 pandemic has dramatically changed how and where we work—impacting executives and those leading finance teams. For many companies, the new virtual work environment creates operational disruptions to financial reporting, including annual reporting and the monthly and quarterly close processes. How are organizations adapting and innovating to address these challenges?

Enacted on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a relief package designed to alleviate some of the consequences of COVID-19. It earmarks more than $2 trillion in assistance to federal agencies, state and local governments, health care, businesses, and individuals. In this episode of Resilient, three Deloitte leaders explore the details and implications of the largest aid package in US history.

Disruption to the global supply chain and the web of third parties that companies rely on has become a significant business challenge in the COVID-19 crisis. How are organizations getting supplies and achieving the balance of supply and demand in a compromised chain? How well do they know the third, fourth, and even fifth parties their suppliers rely on? And how are they identifying and managing concentrated geographic risks?

Many businesses are already feeling the impact of COVID-19 on cash flow. Given the significant slowdown of commerce in nearly every industry, what are the risks posed by the resulting cash crunch? And how can organizations access the funds they need to withstand the crisis and emerge stronger? In this episode of Resilient, three Deloitte leaders who specialize in financial risk management, transformation, and corporate restructuring share insights on the instability created by the demand for cash.

As part of the effort to contain the spread of the coronavirus, companies are temporarily closing office workspaces and asking employees to work from home. This episode explores some of the issues organizations are facing as they newly adopt or rapidly accelerate a remote workforce. Leaders from across Deloitte’s Human Capital, Future of Work, and Cyber practices provide insights on how companies can address a broad set of virtual workforce challenges.

As the impact of the COVID-19 crisis continues to create disruption, many organizations are realizing that existing preparedness plans may not be adequate in the face of this unprecedented global pandemic. In this episode, we connect with three Deloitte leaders who specialize in risk and crisis management to discuss the acute response challenges presented by this rapidly changing situation.

In this special edition Resilient series, we shift our focus to the evolving COVID-19 crisis. From supply chain disruptions and economic scenarios to remote working challenges and crisis response strategies, these episodes feature actionable insights from leaders to help you think through what to do now—and next.

As the role of the chief audit executive (CAE) continues to expand, how can CAEs elevate their role within the organization? Tune in to our new leadership podcast series, Resilient CAEs, to explore what it means to be a resilient internal audit leader and how technology can help you lead through transformation.

Internal auditors are not widely known for their ability to disrupt and transform business—but they should be. In this episode of Resilient, Brandi Thomas, vice president, corporate audit for Delta Air Lines, sits down with Sandy Pundmann to discuss the evolving role of the chief audit executive.