The sudden impact of COVID-19 has challenged commercial business leaders and operators to balance a way forward to serve customer needs with vendor constraints and compassion for their workforce during these uncertain times. Leaders must mobilize quickly and make decisions for the short term with implications for the long term.
We recognize this distress and have developed a rapid risk assessment and monitoring framework to help risk management and internal audit professionals identify, assess, document, and begin risk remediation due to the fallout from COVID-19.