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Discussion Question Two The Covid-19 crisis poses huge challenges for the Boards of all kinds of organisations. In some cases, Boards may feel overwhelmed by
Discussion Question Two The Covid-19 crisis poses huge challenges for the Boards of all kinds of organisations. In some cases, Boards may feel overwhelmed by the speed of events. In others, they may perceive themselves as helpless bystanders who watch on as company management seeks to deal with the myriad daily challenges that the crisis is bringing forth. The Companies Act defines a number of basic legal duties for company directors. The most prominent amongst these is that directors should promote the best interests of the company. Some of the key issues that Boards will need to oversee and monitor include the following: 1. Health and Safety 2. Financial Impact and cash flow 3. Risk Oversight 4. Business Continuity 5. Key Person Risks and succession plans 6. The Board's functioning 7. Communications 8. Reporting and disclosure 9. Remuneration 10. Annual Shareholder Meeting Required: You are required to choose a local organization and discuss four issues identified above. Your discussion should identify how the organization oversees and monitors the key issues chosen in the Covid-19 crisis
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