COVID-19: The City needs to respond to the crisis and build resilience over time
Waves
Mobilize
Crisis management
- Health + safety
- Business continuity
- Workforce/Mobility
- Vendor management
Stabilize
Operational response
- Reporting + Monitoring
- Resource management
- Cyber security
- Fraud waste and abuse
Strategize
Scenario planning
- Business resiliency
- Operational transformation
- IT transformation
6 areas of focus for the business
Pain points, approach, and solutions will shift by Wave
Crisis management and response
Operations and supply chain
Tax and trade
Workforce
Finance and liquidity
Strategy and brand
How can Internal Audit respond and partner with the City?
- Redirect your risk expertise to COVID-19 priorities
- Identify new delivery models and ways to add value and mobilize accordingly
- Proactively communicate with management and audit committee stakeholders
- Redirect any excess capacity to activities that will strategically help the business and your department Workforce