SID Resource Centre: Responding to the Covid-19 Crisis

This resource centre offers board-relevant guidance to help companies deal with the impact of Covid-19 on their business. These practical resources are being frequently updated to reflect new developments, and we welcome feedback and contribution of articles and content. Please write to: publications@sid.org.sg.

For more on SID’s response in navigating these challenging times, check our website for regular updates.

ASSESS IMPACT ON BUSINESS

Covid-19: Implications for business (McKinsey) - NEW
Is a board career really worth it during Covid-19? (AICD) - NEW
Covid-19: The board’s role in financial reporting oversight (RSM) - NEW
Impacts of Covid-19 on annual report disclosures (AICD)
Evaluating and learning from the pandemic response (PwC)
Governance in an unprecedented time – Findings from the SID-RRA Survey on Boards’ Response to Covid-19 (RRA)
Strategy, workforce issues top director concerns post-crisis, survey finds (NACD)
Governance in an unprecedented time – Findings from the SID-RRA Survey on Boards’ Response to Covid-19 (RRA)
What directors should be asking right now (NACD)

EVALUATE CRISIS MANAGEMENT PLANS

How to solve collective problems – without waiting for a crisis (PwC) - NEW
Internal Investigations – Getting the basics right (Control Risks) - NEW
Power, politics and crisis response on the board (INSEAD) - NEW
All eyes on cost – Why cost programs fail (and what to do to avoid it) (Oliver Wyman) - NEW
Boards face a moment of truth on corporate strategy (Bain)
The CEO moment: Leadership for a new era (McKinsey)
New guide emphasises adaptive governance as key during Covid-19 (NACD)
Can pay and performance outcomes be aligned in 2020? (NACD)
Managing remote terminations during Covid-19 (Control Risks)
Board agenda 2020: Eight priorities for boards as they tackle the Covid-19 crisis (EY)

ADAPT TO THE NEW NORMAL

Valuations amidst the Covid-19 pandemic and significant economic uncertainties (KPMG) - NEW
Getting back to the future...of work (PwC) - NEW
Digital platform as a growth lever (DT) - NEW
How Covid-19 is changing consumer behaviour—now and forever (McKinsey) - NEW
Reopening the office? Here’s how to stymie transmission of Covid-19 (HBR) - NEW
How do cybersecurity leaders prepare as employees return to work? (PwC)
Reshaping the cybersecurity landscape (DT)
Accelerating digital capabilities to recover from the Covid-19 crisis (McKinsey)
Cybersecurity for a remote workforce (Oliver Wyman)
Redefining ‘Business as Usual’ in the boardroom (KPMG, NACD)

ACTIVELY ENGAGE STAKEHOLDERS

How do you create customer intimacy without proximity? (EY) - NEW
Maintaining diversity and inclusion during workforce reductions (RRA) - NEW
How to communicate the value of ESG and encourage boards to embrace ESG metrics (Diligent) - NEW
Remote managers are having trust issues (HBR) - NEW
Forging alliances: How tech leaders and boards collaborate to deliver agility, resilience, and performance (DT)
Covid-19: How firms can protect their workforce, operations and values (EY)
Why business needs to lead on trust (AICD)
Five tips for communicating with employees during a crisis (HBR)

PLAN AND PREPARE FOR POST-CRISIS RECOVERY

Transparency, accountability, humility: Guiding your company through a successful restructuring (H&S) - NEW
Bolstering cybersecurity capabilities during Covid-19 and beyond (Bain) - NEW
Five ways AI is helping in the Covid-19 fight (IMDA) - NEW
Board composition: The road to strategic refreshment and succession (SpenserStuart) - NEW
Covid-19: Which critical choices should businesses make next? (EY)
Three CEO strategies to guide companies through crises (INSEAD)
10 steps to innovate your business model (AICD)
The power to change (Bain)
Asia Pacific after Covid-19: new forces, new dynamics, new era (KPMG)

UNDERSTAND REGULATORY AND MARKET UPDATES

Commencement of rental relief framework (MinLaw) - NEW
Covid-19 (Temporary Measures) Act enhanced to extend relief to an inability to vacate business premises and to cap late payment interest and charges (MinLaw) - NEW
Advisory on safe management measures for MICE events (STB) - NEW
Advisory for Phase 2 re-opening of food & beverage establishments [updated 30 July] (ESG) - NEW
Advisory for employers to submit essential errands form for migrant workers to carry out essential errands (MOM) - NEW
Foreign worker levy waiver and rebates extended for construction, marine shipyard and process sectors (MOM) - NEW
MAS Calls on Local Banks to Moderate FY2020 Dividends (MAS) - NEW
What SGX RegCo expects of financial reports amid Covid-19 (SGX)
NTUC proposes a Fair Retrenchment Framework amid rising retrenchments (NTUC)
Insolvency, Restructuring and Dissolution Act to commence on 30 July 2020 (MinLaw)
Updated advisory on salary and leave arrangements [updated 17 July] (MOM)
Advisory on Covid-19 for visitors and tourism businesses [updated 14 July] (STB)
2020 Financial Reporting Surveillance Programme Report [issued 14 July] (ACRA)
What SGX RegCo expects of Sustainability Reporting during Covid-19 times (SGX)
Supporting our businesses – Government assistance schemes (gov.sg)
Proposed areas of review focus by directors on the financial statements affected by the Covid-19 pandemic (ACRA)
Advisory on retrenchment benefit payable to retrenched employees as a result of business difficulties due to Covid-19 (MOM)
Advisories on Collection of Personal Data for COVID-19 Contact Tracing and Use of SafeEntry (PDPC)

convert(varchar(2),datepart(day, BeginDate)) + ' '+ convert(char(3), BeginDate, 0)	Title	Hidden
18 Aug	SGD 3 - Board and Management Dynamics	SGD318080O
18 Aug	IDP - International Directors Programme Session	IDP418080O
19 Aug	CTP 3 - Design Thinking for Sustainability	CTP3190820
19 Aug	Reviewing Financial Statements and Selecting Auditors	ACC190820
25 Aug	SID Directors Virtual Conference 2020	ESDC250820
27 Aug	SDP 4 - Risk and Crisis Management	SMU4270820
27 Aug	CTP 1 - Sustainability Deciphered for Business	CTP1270820
2 Sep	Webinar - Data Breach Management	WEB020920

SID Resource Centre: Responding to the Covid-19 Crisis

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