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๐๐ผ๐บ๐บ๐๐ป๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐: Employees will likely be exposed to conflicting information and feel anxious or confused about the best course of action. Be sure to communicate policies promptly, clearly, and in a balanced manner. Furthermore, communicate contextual information and the reasoning behind policies so that employees can deepen their own understanding and also take initiative in unanticipated situations, such as employee holidays in a restricted location or how to handle contractors.
๐๐บ๐ฝ๐น๐ผ๐๐ฒ๐ฒ ๐ป๐ฒ๐ฒ๐ฑ๐: Restrictions on travel and congregation will trigger employee needs for access to education, health care, daily provisions, and the like. You should anticipate and develop solutions to these and create an information hub where employees can find all the information they need. Many of these needs will be locally specific, requiring a multi-tiered approach to policymaking.
๐ง๐ฟ๐ฎ๐๐ฒ๐น: Make sure that travel policies are clear in terms of where employees can travel to, for what reasons, what authorizations are required, and when the policy will be reviewed.
๐ฅ๐ฒ๐บ๐ผ๐๐ฒ ๐๐ผ๐ฟ๐ธ: Be clear on your policies โ where they apply, how they will work, and when they will be reviewed. Homeworking is rare in some geographies, like China for example, and the need for additional explanation should be anticipated.
๐ฆ๐๐ฝ๐ฝ๐น๐-๐ฐ๐ต๐ฎ๐ถ๐ป ๐๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ฎ๐๐ถ๐ผ๐ป: Attempt to stabilize supply chains by using safety stocks, alternative sources, and working with suppliers to solve bottlenecks. Where rapid solutions are not possible, co-develop plans, put in place interim solutions, and communicate plans to all relevant stakeholders.
๐๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ฟ๐ฎ๐ฐ๐ธ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐๐ถ๐ป๐ด: Itโs likely that the crisis will create unpredictable fluctuations. Put in place rapid-reporting cycles so that you can understand how your business is being affected, where mitigation is required, and how quickly operations are recovering. A crisis doesnโt imply immunity from performance management, and sooner or later markets will judge which companies managed the challenge most effectively.
๐๐ฒ๐ถ๐ป๐ด ๐ฝ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฏ๐ฟ๐ผ๐ฎ๐ฑ๐ฒ๐ฟ ๐๐ผ๐น๐๐๐ถ๐ผ๐ป: As a corporate citizen, you should support others in your supply chain, industry, community, and local government. Consider how your business can contribute, be it in health care, communications, food, or some other domain. Focus on the intersection between acute social needs and your specific capabilities, in other words, live your purpose.
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