Leveraging the Board in Times of Crisis

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"For the past six weeks, [Joseph Astrachan, Claudia Binz Astrachan, Andrew Keyt, and Hermut Kormann] have been working with family businesses across the world (as board members, coaches, and advisors), helping them assess the impact of this crisis, and design effective coping measures for the short and long term. [They] want to share [their] key learnings based on feedback from these exchanges in an effort to support your family and your business as we move forward in these difficult times. [Their] recommendations pertain to the board level, and describe the board’s responsibility in any crisis, such as the current pandemic (in addition to everything you are and have been doing already)."

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