Boards in the Time of Crisis.

• Author: Chase, Scott
• Position: THE AGE OF RISK: Boards in Crisis

The COVID-19 pandemic illustrates the risk-oversight challenges facing companies and their boards. We asked directors to reflect on early lessons learned and offer leadership advice for their governance colleagues.

The unfolding COVID-19 crisis is very much like watching 9/11 happen in slow motion. We know it's bad, and that it will get worse, but we have no clear indication of when we will reach the apex of the crisis and can begin to recover. We hope that by the time this issue of Directors & Boards arrives in your inbox and mailbox, that there may be some more clarity on this.

In the meantime, however, there are some questions that have emerged from this crisis, and directors must consider them even without knowing the final shape and scope of the damage the pandemic will bring to people, companies, economies and countries:

* Have...