The Future is not What It Used to Be: Thoughts on the Shape of the Next Normal
McKinsey & Company – April 20, 2020
The coronavirus crisis is a world-changing event. Here are seven elements for business leaders to consider as they plan for the next normal.
Leading Through Crisis
Endeavor – April 17, 2020
Reid Hoffman kicks off this series of virtual fireside chats for Endeavor Entrepreneurs, co-moderated by Linda Rottenberg and Allen Taylor. Reid’s strategy session discuss how to lead through this crisis – from managing cash and navigating fundraising, to motivating teams and communicating with stakeholders.
Watch the webinar
A CEO Plan for Coronavirus: Actions to Take Now
Bain & Company – April 17, 2020
How should CEOs navigate unprecedented time? In this strategy session, Bain & Company Partner Miguel Simoes de Melo shares immediate actions that CEOs should take to mitigate the impact of COVID-19.
Digital Actions for Entrepreneurs in the Age of COVID-19
Alibaba Business School – April 17, 2020
Alibaba Global Initiatives released a handbook titled “Digital Action for Entrepreneurs in the Age of Covid-19.” Alibaba’s vice president of global initiatives, Brian A. Wong, encourages entrepreneurs worldwide to use this handbook to stay informed and inspired. The book offers insights to help businesses rise above the coronavirus outbreak through digital technologies and innovations.
Planning and Managing Layoffs
Andreessen Horowitz – April 2020
Nobody ever wants to do a layoff, and however badly leaders feel, their issues are small compared to those of impacted employees. Your duty as a leader is to do everything in your power to give people as many resources as you can; offer the most dignified exit possible; and carefully plan the legal, cultural, and ethical aspects. Here’s some advice for how to handle (and communicate) it the best you can.
How a Resilient Business Model Weathers a Storm.
Andreessen Horowitz – April 2020
After a decade-long bull run, many SaaS founders now find themselves in uncharted territory, and are asking how macro events will impact their business — and how to plan. In this post, we show how SaaS businesses weathered the 2008 economic crisis: Though very different types of crises, the lesson of focusing on efficiency over growth during volatile times is the same.
A Reading List for Leaders in Uncertain Times
Andreessen Horowitz – April 2020
These are some of our most popular and evergreen pieces on leadership, grit, and managing a startup in times of uncertainty, culled from almost a decade of archives — including peacetime/wartime CEO (by Ben Horowitz), crisis communications (with Margit Wennmachers), decision making and disruption (Marc Andreessen) and others.
See the list
The Dutch Tech Ecosystem & COVID-19
Techleap.nl – March 20, 2020
This analysis aims to identify the impact of COVID-19 on the Dutch startup ecosystem. The analysis is based on a survey ran through over 445 startup participants (8% of the total startup population) and a material number of investors that provided their input.
Read the report
Impact of the Corona Crisis on Startups & Tech
Dealroom – March 25, 2020
See how the Coronavirus crisis is affecting the startups and tech companies in the Dealromm’s presentation available here.
Here’s What the CEE Early Stage VC LAUNCHub Ventures Advises Founders
TrendingTopics.bg – March 24, 2020
Based in Bulgaria and focused on CEE&SEE regions, LAUNCHub Ventures shares recommendations with its founders. “Stay connected” is one of the first tips on the list: “With a busy schedule, it is easy to forget the power of your community – reach out for help if you need it and talk to fellow founders who are on the same journey as you.” But of course, there are also more particular crisis management measures the team sent out.
How Companies Can Reshape Results and Plan for a COVID-19 Recovery
EY – March 20, 2020
Since the World Health Organization (WHO) declared COVID-19 a public health emergency of international scale, COVID-19 has become a black swan event, a crisis that has profound implications for companies globally. As companies navigate the ongoing COVID-19 crisis, there are a number of key issues corporate leaders should be thinking about. This report identifies five priorities for global companies to consider, as they grapple with this ongoing and evolving situation.
Topline Strategic Communications Guidance
Edelman – March 19
As organizations evaluate the potential impact of Coronavirus on business operations and stakeholder trust, this document contains:
(1) general communications considerations for responding to COVID-19; and
(2) a SAMPLE general communication for internal stakeholders about the outbreak
CEELM Covid-19 Comparative Legal Guide: Contracts in Bulgaria
Gugushev & Partners Law Office – March 19, 2020
The impact that Covid-19 pandemic might have on different types of businesses is a complex mix of various factors coming into play, including the scope and nature of the security measures enforced on a national, regional, and local level, accompanied by socio-economic relief that will be implemented for most vulnerable businesses.
How the COVID-19 Pandemic is Likely to Change Business Practice
Harvard Business School – March 16, 2020
With COVID-19 cases growing worldwide, business leaders are scrambling to deal with a wide variety of problems, from slumping sales and stalling supply chains to keeping employees healthy and making sure they can continue working. Harvard Business School asked its professors of how the coronavirus pandemic is likely to change how companies do business.
Read here what they said
The 12 Time After Time Proven Ways to Save Your Business During a Crisis
This is the third major public emergency or crisis I have experienced in the past few years. Each is different, with lessons learned from the two earlier crises worth repeating. Forget about the usual income statement metrics of Net Income, EBITDA, Ordinary Income, and Operating Income. Cash flow is the only metric that matters.
Defending Retail Against the Coronavirus
Bain & Company
At a Glance
– Bain & Company put together an operational checklist to help retailers frame their immediate response to
the COVID-19 pandemic and their medium-term planning for an eventual recovery.
– Key actions include empowering your emergency response team, putting store operations and
online fulfi llment into crisis mode, optimizing supply and logistics, saving cash, communicating
– The crisis is a defi ning leadership moment for retailers. Above all, the safety of customers and
employees will remain paramount.
Coronavirus – The Black Swan of 2020
Sequoia Capital – March 3, 2020
Here is a note that Sequoia sent to its founders and CEOs to provide guidance on how to ensure the health of their business while dealing with potential business consequences of the spreading effects of the coronavirus.