ADAPTIVE GOVERNANCE DURING COVID-19: A PRACTICAL GUIDE

Applying Adaptive Governance

The COVID-19 pandemic has disrupted every aspect of social

and economic life. The effects of the crisis are both wide

and deep and challenge nearly every business financially,

strategically, operationally, and culturally. The major challenge

that directors and their boards face is in adapting their

governance to the demands of this extremely uncertain

environment. This requires a constant reassessment of the

board’s engagement with management; of its internal workings,

oversight practices, and priorities; and ultimately of its own

performance. In other words, boards will need to become fit for

a much more turbulent future.