July 14, 2020
For the long-term health of your business, it’s time to move beyond crisis management and cash conservation.
As COVID-19 took hold of the global economy, most CFOs went straight into crisis management mode. The focus was vigilant monitoring of cash balances and running multiple scenario plans to ensure adequate liquidity in the short term. Now, a few months into the pandemic and resulting economic uncertainty, it’s time to start shifting our focus past fear and reactive cash-conservation tactics to resilience and, eventually, to resurgence.
Here are seven steps to help you and your organization make the transition. Read more in CFO…