Hamilton Locke has advised voluntary administrators of the Tourism Adventure Group on the company s successful restructure. Firm: Hamilton Locke (Quentin Olde and Liam Healey of Ankura Consulting in
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Working from home dispersed companies and a need arose for more touch points and direction for executives.
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For the most part, the fundamental role of Boards has not changed as a result of the crisis, although there have been changes to the processes of governing. Increased communication and virtual technologies have facilitated continuity and in turn financial health and stability, and for many, are set to stay.
From the outset and throughout the crisis, executives have turned to Boards for guidance. It has been essential for Boards to remain focused in order to be able to encourage and support their executives, and resist getting swept up in the uncertainty that goes hand in hand with the nature of the pandemic. Working from home dispersed companies and a need arose for more touch points and direction for executives.
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