COVID-19: How Do I Prepare?

The spread of COVID-19 (Coronavirus) is picking up steam. Markets have fallen, travel is being restricted, schools are closing in some areas, and public anxiety is rising.  At the same time, our firms play a critical role in our nation’s infrastructure and economic health.  Many of us are scrambling to decide how best to respond to this new threat.  Join us as a panel discusses some of the things we need to know.

Study Group Member Brad Douglass, CEO of Douglass Distributing in TX, will highlight his firm’s 41-page pandemic disaster plan that his firm developed during the SARS outbreak and has kept up to date.  Alyssa Fawks, Douglass Safety Coordinator, will join him in sharing action items Douglass Distributing is taking based on the prepared pandemic plan. Truck drivers, IT, cross-training, preparing to work with a pared-down staff. The firm has graciously made this plan available to our members.

Study Group Member Steve Hall, COO, and Albernie Ferguson, HR Director, of Clipper Petroleum in GA will share best practices their firm is employing to keep their front-line employees and their customers safe. What to do if an employee tests positives and other questions.

Ann Pitts, of the Pitts Group, will join us briefly to highlight cash, credit, and collection items we need to keep in mind. Cash is king in times of volatility.  And Eric Bolduc, of insurance firm Holmes Murphy, will weigh in on business interruption insurance and what, if any, insurance coverages we have at this time may be available to be drawn from now or possibly in the future.

The webinar is designed for owners, Ops, finance, and HR and those looking to best respond to this emerging threat. Jed Brewer will moderate the call.  The webinar is co-sponsored by Study Groups and The Below the Line Club and will last approximately one hour.  We invite you and/or members of your team to participate.