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Respond Recover Thrive
A CFO’s Guide to managing in uncertain times
We are in the middle of what is perhaps turning out to be the mother of all “black swan” events in recent times. COVID 19 took the world by complete surprise. With 465,915* confirmed cases across 199* countries, this pandemic has impacted the world like never before. The focus of most businesses currently seems to be on protecting employees, understanding the risks to their business and managing business disruptions caused by the efforts to contain the spread of COVID 19. The full impact of this pandemic on businesses is still unknown.
In this document we provide some aspects that finance leaders may like to consider in responding to the immediate circumstance facing their organization. Recommendations are primarily focused on helping Finance Functions develop forecasts in an agile manner, generate and preserve cash and most of all keep the lights on through the crisis.