The COVID-19 crisis is a huge challenge to businesses right now. As the situation evolves, it’s vital that the C-Suite can steer their company safely through. CFOs need to be prepared to manage financial difficulties in innovative and transformative ways. Here are six strategies to help CFOs navigate the COVID-19 crisis.
Create A Crisis Response Team
Rather than expecting your best and brightest to split their time, re-assign them to focus on the situation at hand. If you’re a global company, take advantage of technologies like business VoIP to have a virtual ‘war room’ to boost teamwork rather than relying on local contacts.
