In the last edition of our Directors' Guidance
Series What You Need To Know When Organising Or Attending An
Upcoming Meeting we offered some practical recommendations
to directors on the mechanics and usual practices of board meetings
of Irish private limited companies. Who could have foreseen, that
in such a short timeframe, the landscape would change to the extent
that it has due to the COVID-19 pandemic? Who could have predicted
that directors would have to navigate this uncharted territory
where risk and business continuity decisions would need to be made
carefully but quickly and together but physically apart?
In this note we re-visit the Guidance in light of the new
challenges faced by directors during this pandemic crisis and focus
in particular on how they can effectively deal with decision making
when face to face meetings are not possible.