Category Archives: Blog

COVID Business Planning: Strategic Approaches

Strategic Planning is Imperative to Managing through COVID-19 COVID-19 and the draconian, oftentimes bungled measures taken to mitigate its impact have brought unprecedented challenges to businesses; challenges that they hopefully will never have to face again. While the PPP and Main Street Lending Program have been a lifeline for many, more recent legislative advances signal …

Checklist for Business Reopening and Resumption

This post was co-authored by Teresa Foltz and Christine Roach, Senior HR Consultants for vcfo. In January, the virus that was then impacting China was barely on individuals’ radars in the US. As we too became engulfed by its impact, a massive mobilization ensued across all aspects of society. Businesses were forced to make quick …

Coping with COVID: Recruitment Procedures And Virtual Interviews

In coping with the impact of COVID-19, business owners have had to make incredibly tough decisions– perhaps none more so than when they’ve had to furlough or lay off employees. Now, as some businesses begin to stabilize and widen their eyes to the longer term, new anxieties are creeping in. For many, this includes wondering …

Coping with COVID: Employee Development Ideas in a Paused World

The impact of digital transformation on business processes, cultures, and customer experiences is compelling large organizations to have Learning and Development teams rev up their development engines with increased training budgets and online learning investments. Small and mid-sized businesses that may not have dedicated learning and development resources are also feeling the pinch. For them, …

Coping with COVID – Business Leadership and Employee Fatigue

A lot has changed since January 21, 2020, when the U.S. announced the first confirmed case of the COVID-19 virus on its soil. Like every aspect of society, business leaders and their employees continue to cope with the impacts. And as weeks turn to months with no clear sign of when normality will resume and …

Coping with COVID – Workforce Reduction Decisions

This post was co-authored by Amy Beckstead, Employment Attorney at Beckstead Terry PLLC, and Kim Flores, Vice President of Human Resources at vcfo. COVID-19 has brought unprecedented disruption and hard stops to many sectors of the US and global economies. In turn, employers are being forced to make extremely difficult decisions to support the safety …

Coping with COVID – Employer Considerations

As employers come to grips with the disruption wrought by the Coronavirus, three closely related concerns rise to the top – employee safety, communications, and compliance. Financial viability is right there too, but smart employers prioritize people and understand that financial viability isn’t achievable in the long term if these prerequisites are not effectively met. …

Preparing Your Business to Weather the Virus

This post was co-authored by Jerry Pinataro, Senior HR Consultant, and Regina Walters, Consulting CFO. As COVID-19 spreads within the U.S. borders, companies are taking immediate action to protect their employees and sustain business operations as much as possible. Being proactive and planful is the best policy and so much is unknown with a virus …

Due Diligence – A Four-Part Framework for Assessing Your Business

Due diligence is often viewed as the collective assessment checkpoints associated with transactions like mergers and acquisitions or funding endeavors. While these are certainly common pairings, due diligence can also be extremely helpful in assessing the overall health of a business and other factors. Essentially, due diligence is defined as “the investigation or exercise of …