On March 27, 2020, Congress agreed to, and President Trump signed into law a $2 trillion economic relief plan. The plan will offer assistance to tens of millions of American households affected by the coronavirus pandemic. Its components include stimulus payments to individuals, expanded unemployment coverage, student loan changes, different retirement account rules and more. Whether you are a sole proprietor or a CEO of a large multi-national organization, you are most likely considering actions your organization should be taking to preserve liquidity, communicate with customers, manage your employee’s and evaluate your supply chain.

The wave of “work-at-home” and quarantine times will make the effective handling of business continuity more difficult. As the world and all organizations continue to work through the issues created by the COVID-19 crisis, it is essential for the life of our economy that corporate and business leaders pro-actively develop processes to enable them to effectively react to the critical business impacts being seen and felt all over the world. If the economy is to recover and stabilize, business must not just react but also establish plans to “return to our new normal”. What is the new normal? Day-by-day that is changing, but just like any other business continuity process we must learn how to adapt and react.