Since lockdown, charities and other not for profit organisations have found themselves having to manage a new way of working: some have had to temporarily close their doors while many others have been able to deliver partial services online or by safely adopting social distancing and protective measures to deliver new or existing services.
Government assistance has helped many organisations via the furlough scheme but now that this assistance is being reduced and will be coming to an end in October, it is necessary for all boards to re-assess not only their financial situation but their entire operations to ensure they have an effective management process going forward.
Some difficult decisions may need to be taken and thankfully there is a wide range of good guidance to help boards make effective decisions.
Take time to listen to or read the following guidance
The following webinar recordings and guidance should help boards to think about the various risks that their organisations may be facing but also, very importantly, how they are planning to manage these risk.
Managing finance in difficult times with Tony Clarke
Financial planning with Rosemary Gallagher
Creating/reviewing your reserves policy
Guidance for charities experiencing financial difficulties
Test, Trace and Protect webinar with public health agency
Supporting mental health in the workplace with LRA
Board leadership: supporting your charity through the next phase of coronavirus, NCVO
Making decisions in tough times, NCVO
Strategic tools for SME Crisis Management, QUB
Cyber security and coronavirus scams
All Covid 19 related guidance including HR, Funding and Governance
