By Joseph Tarasco
During these unprecedented times, it is difficult to predict the future. Thus, leadership should focus on planning for various options based upon as many possibly scenarios as possible. This type of planning explores plausible potential business models and implementation processes for impending unknowns.
However, consider the following predictions and trends in your strategic planning for 2021 and beyond:
- COVID-19 and its effects on businesses have increased audit risks and will eventually escalate professional liability claims and settlements.