Crisis Governance: What Family Businesses Need to Adapt to a Crisis

COVID-19 calls into sharp focus the need for creative and responsive leadership in family businesses. At no time has good governance been more important than when a business is in a crisis mode.

To help family businesses navigate these challenging times, we recommend an article from the May 2020 Harvard Business Review by Devin DeCiantis and Ivan Lansberg on "Crisis Governance."

The facts, laws, and regulations regarding COVID-19 are developing rapidly. Since the date of publication, there may be new or additional information not referenced in this advisory. Please consult with your legal counsel for guidance.

DWT will continue to provide up-to-date insights and virtual events regarding COVID-19 concerns. Our most recent insights, as well as information about recorded and upcoming virtual events, are available at www.dwt.com/COVID-19.