Toronto – June 16, 2021: Ecclesiastical has launched a planning framework to help organizations develop a strategic risk-based approach to manage their operations.
The plan includes a set of tools that have been designed to help organizations identify any potential impact, risks and opportunities going forward. These include checklists to look at the impact of the pandemic on the business – for example whether a lack of technology has hampered delivery of service, to the challenges of keeping stakeholders informed as well as tips to support immediate changes to how an organization works.
By reviewing existing strategies and adapting them where needed, businesses should be in a stronger position to support their long-term viability.
Colin Robertson, Chief Underwriting Officer and Vice President Risk Control at Ecclesiastical, said: “As these challenging times continue, organizations across the country have shown amazing resilience and flexibility to adapt to a new landscape, while managing the risks associated with a global pandemic.
“While we are all still going through a huge amount of change, developing a recovery plan to help you navigate the ‘new norm’ is good governance and using a risk-based approach will mean you are better prepared for whatever the future may hold.”
The planning framework and tools are available to download from here