Organisational Resilience and the Post Covid Support dilemma

Let's look at the facts.

For public benefit entities the financial picture now appears rosy.

1. Strong levels of Usable reserves

2. Good cash flow

3. Good confidence

4. An optimistic attitude

But lets temper this with realism please!

Public benefit entities have received furlough support for a majority of their staff, vat and business rates support and loan recovery support.

They have also benefitted from covid induced budgetary savings like travel and subsistence costs.

Covid support will end in September 2021 and other budgetary benefits will cease.

What will happen then?

In organisational resilience terms, public benefit entities will need to bounce back to a new reality of remodified demand for their services where they will have to reduce their existing cost base to meet the new service delivery reality.

This will need to be the new way forward and it would be disingenuous to argue for a happy world of increasing reserves and cash balances.

We need to get real and assess what the new post covid service reality will be.

Perhaps changed services and a reduced cost base so that new service realities can be met.

This is the new post covid support reality we will all need to meet.

We need to think about this seriously in resilience terms!

Many countries have not been able to offer their citizens the levels of Vovid support the UK had been able to.

They have had to make painful service delivery changes much sooner than we have!

But we will still have to make them as well. We have just put off the evil day!

So when I see public benefit entity accounts that don't show covid support and budgetary benefits gross and hide them in a netted off accounting presentation its simply not good enough!

5he public benefit sector has significant post covid support and budgetary benefit challenges to face.

It cannot avoid those challenges no matter how hard it tries!

We all need to to get real to the challenges the public benefit sector will have!

We need to addressthis now!