What started as a China-specific issue is spreading fast across the globe for one business after another. One estimate says organizations may lose up to $1.1 trillion before the COVID-19 tragedy ends. Korn Ferry experts believe leaders must rely on agility, transparency, and forward-thinking strategies throughout the crisis.View the video series to learn more about leading in a time of crisis:
Resource Search
Social distancing drives a great need for virtual work, including in the area of assessments. Until the advent of technology that enabled remote simulations, in-person leadership simulation assessments comprised of interviews, tests, and a variety of live interactive business simulations. In this report, two case studies highlight the robustness of executing leadership simulations virtually.
Technology is a growing part of everyday life. It’s hard to imagine going even a day without it. However, creating a home in which technology serves the homeowner, and not the other way around, takes a great deal of planning and forethought. There are five ways that can help integrate technology into your home and create experiences that simplify and enrich your life.
As the human and economic toll of the coronavirus mounts, no sector of the economy has been immune from the downturn, and this includes family offices. Depending on the size and scope of the family office, there are a number of factors—including human capital, data, and cybersecurity and technology management—that need to be considered in navigating these uncertain times. After considering some or all of these factors, a family office may be best positioned to invest in the depressed equity and credit markets.
Investors are more concerned and educated about cybersecurity than ever before. With more money and competition all around, asset management firms are increasing their focus on cybersecurity to meet market pressure and consumer demand. To be effective, cybersecurity leaders must be able to assess technology risk across ever larger and more complex ecosystems. Firms can leverage investments in talent and technology to differentiate cybersecurity operations, which will help attract and retain clients.
This is not “business as usual.” Organizations of all sizes and spanning virtually every industry are being heavily impacted by the COVID-19 global health crisis. As you assess the short- and long-term implications for your business or organization, you may find that you or a third-party partner is unable to perform the essential terms of a contract. Can and should you invoke a Force Majeure clause? If your contract with another party does not include one, what’s next?
When toxic workplace behaviors go unchecked, they can put your organization and employees at risk. With the right training, prevention, and intervention programs, you can give your employees the tools they need to curb hostile behaviors—and protect everyone concerned.
As COVID-19 continues to disrupt the world, it’s vital to follow the World Health Organization's and the U.S. Centers for Disease Control and Prevention's guidelines to prevent the spread of the disease. Know the facts on COVID-19, including what it is, what is the incubation period, how it is transmitted, and what is the reproduction number and what does it mean. Equally important is knowing the best practices on maintaining a healthy workplace, planning for continuity of operations, and the legal implications around COVID-19 in the workplace.
What are the top workplace wellness trends affecting the health and productivity of your workforce—and what can you do to help? In today’s increasingly competitive job market, companies are shifting their focus away from traditional benefit plans to a more holistic approach to total wellbeing. With an emphasis on influencing culture and offering initiatives, you can improve the employee experience. Learn more about creating a positive shift toward total wellbeing.
We hope you and your families are safe and healthy as we navigate this challenging time together. FOX stands ready to help you. As place to start, our Crisis Checklist for the Family Office identifies critical issues and actions your office may need to consider.