1. Get into the helicopter and look at your business strategy for the next 3, 6 and 12 months. Align your #HR strategy accordingly.
(1/5)
2. #Communication is critical. Have you daily check-ins, normal one-to-one meetings and don't assume people know what you're thinking.
3. Information on the #furlough system in the UK is changing all the time. Explain that to your staff and that you're keeping up to date. (2/5)
4. This is a time when your brand values really have a chance to shine or will be challenged. If you've said that you offer #flexibleworking for example, this is the time when your policy is being put to the test. Some brands are showing they're true to their brand promise. (3/5)
5. Put a #Covid19 policy in place pulling in the elements of your normal #HR handbook.
6. Now is a good time to review how this new process people have been parachuted into. Check in.
7. The more visual the communication, the better.
8. Keep an (accountable) schedule (4/5)
9. If you're considering restructuring, tread carefully with legislation.
10. Emotional intelligence in senior leaders is of growing importance.
11. This is an opportunity to cement your staff's loyalty.
12. Employers need to take care of themselves too.
(5/5)
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🟣 @MaryTourAmerica feels that corporate travel could be hit the hardest, short haul could come back the quickest and long haul will soon follow thereafter.
🟣airlines have to cut capacity, agencies will have to become more boutique and customer service will win out
Following on from my @LEODCWomen session yesterday called "Know your Purpose and Innovate to Thrive" with @PaulineLogan, here is a list of the resources that I referenced:
2. I'm a firm believer that if you ask better questions, you will get better answers in terms of sales, managing people and even when it comes to one's own mindset. This is a very useful @HarvardBiz piece by @HalGregersen.
Here are three key things she says (and my response):
1. "Because of this uncertainty, markets are unable to price risks or economic expectations" says @LauBooneEco.
She is completely right. The old adage "Share prices follow earnings" is a conundrum now. EPS and P/E ratio data is likely out of date. What are the prices following?
2. "An outbreak lasting more than a few months raises questions about how short-term, targeted responses, designed for a temporary shock, must be amended or strengthened" says @LauBooneEco.