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The outbreak of the Coronavirus Disease 2019 (COVID-19) has stricken communities across the globe. The virus’ rapid geographical spread has caught the world off-guard, with major implications for personal health, business continuity and the world economic order. Globally integrated supply chain models have been disrupted, threatening a financial slowdown.
Unfortunately, most organizations around the world are finding it challenging to navigate through these uncertain times. 94% of Fortune 1000 companies are facing supply chain disruptions.
The following measures are just a few important steps to keeping the work environment safe from the spread of the virus.
1) Deploy infection protection tools and guidance for on-site employees.
2)Establish a multi-disciplinary crisis management focused Program Management office that includes senior representatives from operations, sales, human resources, finance and legal.
3) Build the worst case scenarios by geography.
4) Assess financial and operational risks and respond quickly and build resilience and prepare for recovery
5) Proactively review and renew Business Continuity Plans.
6) Make decisions and take actions during the crisis with recovery in mind. Reset business assumptions that underpin the supply chain.
7) Review current facility setup from a health and safety perspective and ensure that it meets regulatory requirements prescribed through various notifications and applicable requirements in the event of pandemic
8) Review protocol and measures to respond to COVID-19 from a regulatory perspective and confirm that those procedures are not in contravention with data privacy, employment rights, human rights and other employment contract terms