Organizations that put people at the center can win the trust that will define true resilience in a post-COVID world. For perhaps the first time in history, the human population has been united around the world by a common threat at the same time: COVID-19. When uncertainty and fear levels are high, our human ability … More How does a stronger workforce drive a stronger recovery?
COVID-19 is likely to drive a surge in disputes and contested claims. Companies that take proactive action now can mitigate their impact. In the confusion and unpredictability that characterizes the economic impact of COVID-19, one outcome is certain: there will be a wave of disputes. This will take many forms including: contested business interruption and event cancellation … More How do you remain resilient against a wave of COVID-19 claims?
Businesses shifting their focus in response to the pandemic should understand how tax, law and workforce rules will affect their efforts. From tiny liquor distilleries making hand sanitizer to large manufacturers producing ventilators for hospitals, businesses around the world have responded to the COVID-19 pandemic by converting their normal operations into manufacturing lines that produce desperately … More Five hidden complications when converting factories to fight COVID-19
Our easy-to-use diagnostic tool provides a methodical approach to crisis management, recovery and reinvention. The working world has reacted to COVID-19 with speed and responsibility. Social-distancing measures and government-backed furloughing schemes seem to have been effective at slowing the spread of the virus. But as governments cautiously relax lockdown measures, leaders must look to what … More Enterprise resilience: Nine areas of focus to reframe your future
Successfully returning to the physical workplace is the priority. But recovery from the COVID-19 crisis is also an opportunity to reframe your organization’s future. In Germany, car dealerships are reopening their showrooms; in Bangladesh’s garment factories, the sewing machines are restarting; and across much of the US, companies from chipmakers to jet manufacturers are cautiously … More Work reimagined: a two-geared approach to reopening and transforming your business
As issues arise in many areas of the business because of the crisis, it is critical for the legal department to be as prepared as possible. Whether it’s a global pandemic, economic shock or natural disasters, global organizations’ crisis planning comes sharply into focus when confronting these challenges. For many legal teams who are busy … More Six ways general counsel can respond to crisis
Due to Covid-19, legal departments are assessing how force majeure and hardship clauses apply to commercial relationships around the world. Legal teams are contemplating the option of applying the principles of force majeure to assess suspension or termination of their organization’s contracts. Key considerations for legal positions on force majeure across the world and how … More COVID-19: Four key considerations for legal positions on force majeure
Business leaders are focused on how COVID-19 is impacting supply chains and revenue, while reconfiguring post-crisis capital allocation and M&A plans, according to the EY Global Capital Confidence Barometer (CCB22). Three-quarters of respondents to CCB22 – a survey of nearly 3,000 C-suite executives globally – expect COVID-19 to have a severe impact on the global … More New EY research shows how clients are navigating the impact of COVID-19
During an event like the COVID-19 pandemic, employers must determine their responsibilities, along with those of employees and subcontractors. When a health crisis hits, such as the COVID-19 global pandemic, employers must reassess their obligations to employee health and other stakeholders under the regulatory regimes in which their organization operates. Determining responsibilities is always a … More Employee health: six key questions for your legal team
The regularly updated EY global labor and employment law tracker helps you monitor rapidly emerging regulations and stimulus efforts. In this fast-moving environment, corporate legal functions are encountering questions that urgently need to be answered. Companies around the globe are now facing unprecedented challenges, not only financially but also in terms of human resources. The … More COVID-19: What employers need to do and how governments are helping