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

Global IPO activity rebounds sharply hitting historic highs in Q3 2020 (EY) - NEW
2020 essential director update: How boards have coped with the Covid-19 crisis (AICD)
How companies can transform information into insight (PwC)
How do you turn real-time insights into long-term value? (EY)
Nine future trends for global boards in 2020 (AICD)
Covid-19: Implications for business (McKinsey)
Is a board career really worth it during Covid-19? (AICD)
Evaluating and learning from the pandemic response (PwC)
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)

EVALUATE CRISIS MANAGEMENT PLANS

New challenges, new lessons (Control Risks) - NEW
If transformation is a journey, how can your board ensure everyone’s with you? (EY) - NEW
Harvey Nash/KPMG CIO Survey 2020: Everything changed. Or did it? (KPMG)
Seven lessons Covid-19 has taught us about data strategy (DT)
Purpose as a driving force (KPMG)
Board succession 2020: Three steps toward long-term effectiveness (H&S)
What does “high-performance” mean for boards in 2020? (Diligent)
How boards can plan for the disasters that no one wants to think about (HBR)

ADAPT TO THE NEW NORMAL

States at risk: The cybersecurity imperative in uncertain times (DT) - NEW
Home-working here to stay, new figures suggest (IOD UK) - NEW
Our work lives will not return to normal after the pandemic (OW) - NEW
Forget about the “new normal”: Design something different (PwC)
Investors are worried about cybersecurity: What boards should do (NACD)
A checklist for boards in the new normal (INSEAD)
Digital transformation and the workforce of the future (KPMG)
Four questions (and answers) about Covid-19’s lasting impact on business (Bain)
Are virtual board meetings better? (Diligent)
Pandemic or no, it’s business as usual for boards (INSEAD)
Adapting executive and director pay for a crisis (AICD)

ACTIVELY ENGAGE STAKEHOLDERS

Covid-19 places a heightened emphasis on mental health (PwC) - NEW
8 unexpected benefits of online learning development solutions (CCL) - NEW
Measuring stakeholder capitalism (WEF) - NEW
Building climate-smart boards (NACD) - NEW
The next generation of office communication tech (OW) - NEW
Board trust and cohesion vital to the ‘new next’ (NACD)
Lessons from COVID-19 about communicating risk (PwC)
14 ways to recruit for board diversity (Diligent)
Board guidance in layoffs (SID)
Singapore Board Diversity Index – inaugural launch (SID, WTW)
The growing importance of corporate conscience (SID)
One year later: Does the Business Roundtable Statement matter? (NACD)

PLAN AND PREPARE FOR POST-CRISIS RECOVERY

Moving forward with courage and purpose (NACD) - NEW
Fast-forward Darwin: The speed imperative in tech (Bain) - NEW
Leadership in wicked times (INSEAD) - NEW
Focus on the future (OW)
Black swans, frankenfirms, and the next Covid-19 (Control Risks)
Governance through a crisis – Lessons from Covid-19 (AICD)
Covid-19: 12 insights to help build your business recovery roadmap (EY)
Board composition: The road to strategic refreshment and succession (SpenserStuart)

UNDERSTAND REGULATORY AND MARKET UPDATES

National Wages Council (NWC) 2020/2021 Supplementary Guidelines [updated 16 October] (MOM) - NEW
Advisory for employers and employees travelling to and from Covid-19 affected areas [updated 15 October] (MOM) - NEW
Updates on border measures and Covid-19 testing for travellers (MOH) - NEW
Extension of relief periods under the Covid-19 (Temporary Measures) Act for specified categories of contracts (MinLaw) - NEW
Additional temporary relief measures for property sector due to Covid-19 (MinLaw) - NEW
Guidance on the conduct of general meetings amid evolving Covid-19 situation (ACRA, MAS, SGX)
Electronic dissemination of rights issue and take-over documents extended to 30 June 2021 (MAS, SIC, SGX)
Requirements for safe management measures at the workplace [updated 23 September] (MOM)
Updated advisory on salary and leave arrangements [updated 13 September] (MOM)
Covid-19 relief measures – Duration of alternative arrangements for meetings to be extended (MinLaw)
TraceTogether and SafeEntry to be enhanced in preparation for further opening of the economy (MOH)
End of extension of time for holding annual general meetings and filing annual returns (ACRA)
What SGX RegCo expects of financial reports amid Covid-19 (SGX)
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
3 Nov	DFF - Director Financial Reporting Fundamentals	DFF041120
3 Nov	SGD 7- Fundraising, Outreach and Advocacy	SGD703110O
5 Nov	BDC1 - Board	BDC1051120
10 Nov	LED Assessment 10/11 (AM)	OLED10110A
10 Nov	LED Assessment 10/11 (PM)	OLED10110P
12 Nov	SDP 6 -Effective Succession Planning & Compensation Decision	SMU6291020
17 Nov	CGR - Annual Corporate Governance Roundup	CGR171120
18 Nov	LED Assessment 18/11	OLED181120

SID Resource Centre: Responding to the Covid-19 Crisis

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