Learn How
The Emergency Unfolds
Phase 1:
The Emergency Unfolds
Leaders around the world respond to the COVID-19 crisis
Learn How
The ramifications of the COVID-19 virus started slowly, then exploded—first in China, and shortly thereafter nearly everywhere on the planet. Factories ground to a halt; hospitals filled beyond capacity; markets collapsed; businesses, schools, and highways emptied. As the scale and chaos of COVID-19 grew, leaders had to implement emergency plans practically overnight, facing choices they never had to before, with no road map.
Distinctions were made between essential and nonessential workers, and those who could not shelter at home were given additional safety equipment (though some companies struggled to provide the necessary gear). Nonessential employees began working remotely, putting pressure on IT teams.
A global health pandemic striking the whole world at once, with serious economic consequences, was not part of anyone’s scenario planning. Leaders had to spring into action quickly while caring for their employees and customers in a deeper way, taking responsibility for both their physical and mental health. They had to personify both the “being” and “doing” aspects of their roles. Read on for insights about how this dual approach to leadership helped companies weather the early days of the COVID-19 outbreak.
Doing and Being
Doing
Being
The actions a leader takes. Making the operating decisions about keeping an organization running, such as hiring and layoffs, workplace safety, finances, and more.
The human side of leadership. The essence of who you are and how you connect with and motivate others.
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Prioritize people over profit
Doing
Doing and Being
Being
Being
Use both your heart and head to connect with employees; Create and maintain a sense of calmness and stability in the organization
Think beyond your responsibilities as the leader of one organization and help contribute to the societal effort to combat the coronavirus.
“Focus on the most important asset that any business has—the physical safety of people first—and then worry about collateral damage and the P&L next.”
Dig Deeper
Leading Through the Coronavirus Crisis
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Leaders secured PPE for employees and implemented additional safety measures for customers.
Companies communicated frequently and clearly, using facts and data to prevent misinformation from causing a panic among employees.
“More than words, we had to act…to protect the safety of the people in the stores. We moved very fast, before any regulations. We had masks for people before the government said to. We distributed disinfectant gels, plexiglass for the cashiers, and we are now measuring the temperature of everyone in the stores - Clients AND workers.”
Doing
Doing and Being
Technology makes the difference
Doing
Being
Make difficult decisions with little clarity
Doing
Doing and Being
Being
Being
Use purpose to motivate frontline employees to stay energized, ensuring the safety risks they are taking are for the greater good.
Be transparent with employees.
How purpose helps leaders meet the challenges today and stay true to the their values for the long-term.
Dig Deeper
CEO Community Call: Leadership through Crisis
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Doing and Being
Develop cross-functional teams that focus on different time horizons.
CFOs struggled with scenario planning and making forecasts and predictions with any level of certainty. Said one CFO of a global retailer: “It’s hard to see six days in advance, let alone six months.” Said another: “We are humbled by our inability to forecast.”
Strike a balance between employee safety and business continuity.
Doing
Dig Deeper
‘Humbled by the Inability to Forecast’: Global CFOs on What Comes Next
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At first, some companies put their top talent on the emergency response, but then divided teams into one unit focused solely on the current crisis while a second team worked on long-term business strategy
“What has gotten traction for us is when we delivered free pizzas to hospital workers or to school teachers. You feel the upswell in engagement, and love and appreciation.”
Value partnership and collaboration—even among competitors
Doing
Doing and Being
Being
Being
Develop trust and deepen relationships between organizations to create major global change.
Doing and Being
Doing
Being
“The most positive impact is not on everyday employees but instead on Boards, CEOs, and executive committees. Now they are forced to be home, like the employees, and living the life of their everyday employees. The learning curve for them is so important for us and the future of their companies.”
Cultivate a spirit of unity and equality among employees, as physical office walls are replaced with glimpses into people’s homes.
“We’ve made it normal and acceptable for meetings to be disrupted by family members, and we’re also allowing people to shift their working hours if needed, in part because we know people are sharing bandwidth within households.”
The Great Digital Opportunity: Technology Officers in the Age of COVID-19
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Doing and being
Dig Deeper
HR Leadership Lessons From the Early Days of the COVID-19 Pandemic
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Read More
Find ways to connect, despite distance.
IT teams worked around the clock to ensure that employees who could work remotely had the capabilities and tools to do so almost immediately.
Doing
One-time rivals set aside their differences in the midst of the crisis. They opened up, gathered virtually and crowdsourced solutions to both immediate and longer-term challenges.
Read more insights from the early days of the pandemic
Read more insights from the early days of the pandemic
Liquidity, Communication, Flexibility: Global CFOs Respond
COVID-19: Supply Chain Lessons from Asia
Learning from Each Other During the COVID-19 Pandemic
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How leaders and organizations are navigating a new reality
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Phase 1
Phase 2
Phase 3
Phase 4
Doing and Being
Phase 2
Phase 2
Phase 3
Read all of our Covid-19 insights from leaders across geographies, industries and functions.
Egon Zehnder can help you lead through crises.
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— CEO, Italian retail company
“Don’t forget that we live, work, and profit within this society which is now under unbelievable stress.”
— Executive in China
— Global hotel chain executive
“Focus on the most important asset that any business has—the physical safety of people first—and then worry about collateral damage and the P&L next.”
— Senior executive, asset mnagement firm
— Global chief information officer
— Chief talent officer, global CPG company
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Phase 1
Phase 2
Phase 3
Phase 4
The Emergency Unfolds
Being and Doing
How the COVID-19 Crisis Has Humanized Leadership
Managing During the Crisis
The Slow Restart
Business Unusual
Being and Doing
How the COVID-19 Crisis Has Humanized Leadership
Phase 1
The Emergency Unfolds
Phase 2
Managing During the Crisis
Phase 4
Learn more about Egon Zehnder's restructuring expertise.
“I think it is crucial as head of HR to have a solid external network of colleagues who are living the same experience.”
— Global HR director
“Once you open the door to speculation, irrational behavior and panic sets in.”
— Managing Director, Global supply chain
and logistics corporation
Businesses reoriented to produce the most needed products, including hand sanitizer, ventilators, and PPE.
“We are sewing face masks for a cooperative consortium of apparel and textile companies supplying non-medical face masks to the health care sector.
We are also producing non-medical face masks and isolation gowns for various retailers to be distributed to health care organizations.”
— Arun Bajaj, CHRO, Gildan Activewear
Dig Deeper
Leading with Care, Purpose, and Resolve During a Pandemic
Read More
Read More
Use both your heart and your head to connect with employees; create and maintain a sense of calmness and stability in the organization.
“We moved into the 21st century this week. This is not just an economic and financial crisis. It is a complete change in society and the way people behave.”
– Global technology executive
From speaking with employees at risk on the front lines to engaging with those working from home, leaders had to establish regular communications to keep employees informed and engaged.
“This is an opportunity for CIOs to be more recognized as contributors. They need to take this opportunity to stand up as business managers with critical information – demystifying technology and working for the purpose of the company.”
– Global technology executive
Technology leaders can act as coaches—not just by managing through this crisis but also training the next generation of leaders for future shocks.
Be transparent with employees.
“While we cannot be exacting on what will happen, communicating the possible scenarios has helped employees prepare for possibilities and not be in the dark.”
— Senior leader, pharma company
Former BP CEO Bob Dudley and Sir John Rose, former CEO of Rolls Royce, joined 25 CEOs to share advice on leading through a crisis.
Recognize employees, telling them how much the company—or the world— needs them
“I think it is crucial as head of HR to have a solid external network of colleagues who are living the same experience.”
– Global HR director
– HR executive
“The scientific community has all come together. There is no room for competition; [we are all] trying to find a solution, either therapy or vaccine.”
Dig Deeper
When People Matter Most
Read More
Read More
Dig Deeper
The Ultimate Stress Test
Read More
Read More
No one can survive alone in this crisis, particularly in industries that rely on intermediate suppliers. Said one CEO: “If partners are not ready to help each other, they will not be successful.”
Phase 3
The Slow Restart
Doing and Being
Business Unusual
“Once you open the door to speculation, irrational behavior and panic sets in.”
— Global Supply Chain and Logistics
Corporation Managing Director
Some companies completely reoriented their business to produce the most needed products, including hand sanitizer, ventilators, and personal protective equipment
“We are sewing face masks for a cooperative consortium of apparel and textile companies supplying non-medical face masks to the health care sector. We are also producing non-medical face masks and isolation gowns for various retailers to be distributed to health care organizations.”
— Arun Bajaj, CHRO, Gildan Activewear
Dig Deeper
Leading with Care, Purpose, and Resolve During a Pandemic
Read More
“We moved into the 21st Century this week. This is not just an economic and financial crisis. It is a complete change in society and the way people behave.”
– Global Technology Officer
From speaking with employees at risk on the front lines to engaging those working from home, leaders had to establish a regular communications cadence and tone to keep employees informed and engaged
Technology leaders can act as coaches—not just managing through this crisis but also training the next generation of leaders for future shocks
“This is an opportunity for CIOs to be more recognized as contributors. They need to take this opportunity to stand up as business managers with critical information – demystifying technology and working for the purpose of the company.”
— Global chief information officer
“While we cannot be exacting on what will happen, communicating the possible scenarios has helped employees prepare for possibilities and not be in the dark.”
— Senior leader, pharma company
Former BP CEO Bob Dudley and Sir John Rose, former CEO of Rolls Royce, joined 25 CEOs to share advice on leading through a crisis.
“The scientific community has all come together. There is no room for competition; [we are all] trying to find a solution, either therapy or vaccine.”
— HR executive
Dig Deeper
When People Matter Most
Read More
No one can survive alone in this crisis, particularly in industries that rely on intermediate suppliers. Said one CEO: “If partners are not ready to help each other, they will not be successful.”
Dig Deeper
The Ultimate Stress Test
Read More
Doing and Being
Doing and Being
Phase 1
The Emergency Unfolds
Phase 1
The Emergency Unfolds
Phase 2
Managing During the Crisis
Phase 2
Managing During the Crisis
Phase 3
The Slow Restart
Phase 3
The Slow Restart
Phase 4
Business Unusual
Phase 4
Business Unusual
Doing and Being
Phase 1: The Emergency Unfolds
Phase 2: Managing During the Crisis
Phase 3: The Slow Restart
Phase 4: Business Unusual
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