On March 27, 2020, Congress agreed to, and President Trump signed into law a $2 trillion economic relief plan. The plan will offer assistance to tens of millions of American households affected by the coronavirus pandemic. Its components include stimulus payments to individuals, expanded unemployment coverage, student loan changes, different retirement account rules and more. Whether you are a sole proprietor or a CEO of a large multi-national organization, you are most likely considering actions your organization should be taking to preserve liquidity, communicate with customers, manage your employee’s and evaluate your supply chain.

The wave of “work-at-home” and quarantine times will make the effective handling of business continuity more difficult. As the world and all organizations continue to work through the issues created by the COVID-19 crisis, it is essential for the life of our economy that corporate and business leaders pro-actively develop processes to enable them to effectively react to the critical business impacts being seen and felt all over the world. If the economy is to recover and stabilize, business must not just react but also establish plans to “return to our new normal”. What is the new normal? Day-by-day that is changing, but just like any other business continuity process we must learn how to adapt and react.

Learning Objectives
  • Recognize the new Stimulus Bill.
  • Identify to Managing people and human resource concerns.
  • Discover about Working with the supply chain.
  • Explore Balance corporate liquidity.
  • Identify to Understand governmental, legislative and community requirements.
  • Discover and Examine needs for open, relevant and timely communication with stakeholders.
  • Recognize technology challenges amid COVID-19.
Last updated/reviewed: March 24, 2024
25 Reviews (138 ratings)

Reviews

4
Anonymous Author
Good holistic review of several of the key impacts of the COVID-19 pandemic and the related business impacts. The business analysis section is fairly generic, but the details provided on government stimulus and regulation is a good refresher on everything that has happened.

5
Anonymous Author
This is an outstanding course. The final exam mechanism is malfunctioning which was extremely frustrating. This is not a reflection of the instructor who did an incredible job of communicating this timely and relevant information.

4
Anonymous Author
A good look at key the issues involving covid related business impacts, although the covid impact is evolving rapidly month--by-month; this presentation is somewhat dated as it was early into the pandemic.

5
Anonymous Author
High level Covid-19 impact analysis from managing resources, human and continually monitor the state of your business, these are the takeaways from this course. Very relevant.

5
Anonymous Author
Very helpful summary, producing a resource like this so quickly should be useful for many organizations to respond and react to current events quickly and efficiently.

5
Anonymous Author
The course covered the stated learning objectives. This basically a checklist of the different things that business leaders should be thinking about during this time.

3
Member's Profile
This learning contained adequate and helpful details to assist in understanding the bill and how companies should consider operating in the current environment.

5
Anonymous Author
Very interesting course and right on time. Thank you Lynn. I wish there would be some information for Canada in a summary or something to this extent.

5
Anonymous Author
This course gave a good overview of the Covid-19 pandemic that affected businesses and the precautions to be taken to sustain.

5
Anonymous Author
A holistic, high-level overview of some of the major moving parts a business must manage through the pandemic. Thank you Lynn.

5
Anonymous Author
This is a very interesting course on Covid-19 business impact analysis. The course was presented in a very clear manner

5
Anonymous Author
A lot of relevant impacts to think about from HR to Supply Chain to finance. No political agenda in this training.

4
Anonymous Author
Timely topic and great material to help managers think through overall impacts and areas to consider and review.

5
Anonymous Author
Great overview of the topic, especially for decision-makers in organization, not just accountants.

5
Member's Profile
This was very informative and I will recommend this to my colleague and friends of similar field.

4
Member's Profile
relevant, helpful, insightful, and comprehensive. easy to digest and practical to apply.

5
Anonymous Author
Another great course from Lynn, extremely relevant and full of helpful information.

5
Member's Profile
Very informative - enjoyed the real life examples and the detailed explanations

4
Anonymous Author
Fairly good course. Content supported the questions for the most part.

5
Anonymous Author
It is good course to understand Business Impact Analysis of COVID-19.

5
Anonymous Author
Well structured and instructed course. Very timely and applicable.

5
Member's Profile
Overall very good content and very well articulated by the trainer.

4
Anonymous Author
Great course of Covid-19 Business Impact Analysis which add value

3
Anonymous Author
Some good general information here. Thanks for the overview.

5
Anonymous Author
Thank you for the great overview and upbeat presentation!

Prerequisites
Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Questions and Answers1 Question
Member's Profile

I have notified Illumeo and they are looking into it. They should reply And once fixed will remove the comment and rating since they are not related to the course material

Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to COVID-19 Business Impact Analysis8:07
  Stimulus Bill11:11
  Business Impact15:22
  Business Impact Cont'd12:23
  Supply Chain10:45
  Corporate Liquidity7:55
  Government, Legislative and Community Requirements8:16
  Information Technology Issues4:44
  Summary1:21
CONTINUOUS PLAY
  COVID-19 Business Impact Analysis1:20:04
SUPPORTING MATERIAL
  Slides: COVID-19 Business Impact AnalysisPDF
  COVID-19 Business Impact Analysis Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam