COVID-19 Monitor

Last Updated:October 15, 2020

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The coronavirus crisis thrusts corporate HR chiefs into the spotlight (The Economist) Published on: March 24, 2020 | Category: Leadership

In a pandemic, a chief people officer can make or break a company.
Never before have more firms needed a hard-headed HR boss.
The pandemic makes people analytics much more relevant.

How to Remain Remotely Agile Through COVID-19 (BCG) Published on: March 24, 2020 | Category: Leadership

Regular ceremonies help bring structure and normalcy to the remote workday.
Good leaders look for inventive ways to build a sense of culture for team members.
Another method is to assign roles to the team to ensure focus and to encourage engagement. A “rabbit hole master,” for example, ensures that the team doesn’t get stuck in unnecessary discussions. A “zen master” ensures that the team’s energy level is at its best. The “timekeeper” performs timeboxing.

U.S. Domestic Passenger Flights Could Virtually Shut Down, Voluntarily or by Government Order (WSJ) Published on: March 24, 2020 | Category: Economic Impact, Global Response

Major U.S. airlines are drafting plans for a potential voluntary shutdown of virtually all passenger flights across the U.S., according to industry and federal officials.
Government agencies also consider ordering such a move as the nation’s air-traffic control system continues to be ravaged by the coronavirus contagion.
Airlines are preparing for the possibility that contagion-driven staffing emergencies at air-traffic control facilities could force the issue, making it impossible to continue operating in parts of the country.
Another option to keep cargo shipments flowing would be a White House decision to call up portions of what is called the Civil Reserve Air Fleet, essentially commercial jets designated to help the Pentagon with logistics and other needs during national emergencies.

Trump Considers Reopening Economy, Over Health Experts’ Objections (NY Times) Published on: March 24, 2020 | Category: Economic Impact, Global Response

Officials have said the federal government’s initial 15-day period for social distancing is vital to slowing the spread of the virus, which has already infected more than 40,000 people in the United States.
Any push to loosen the new limits on commerce and movement would contradict the consensus advice of public health officials, risking a surge in infections and deaths from the virus.
The recent rise of cases in Hong Kong, after there had been an easing of the spread of the virus, is something of an object lesson about how ending strict measures too soon can have dangerous consequences.

U.S. axed CDC expert job in China months before coronavirus outbreak (Japan Times) Published on: March 23, 2020 | Category: Global Response

Several months before the coronavirus pandemic began, the Trump administration eliminated a key American public health position in Beijing intended to help detect disease outbreaks in China, Reuters has learned.
The first cases of the new coronavirus may have emerged as early as November, and as cases exploded, the Trump administration in February chastised China for censoring information about the outbreak and keeping U.S. experts from entering the country to help.
As an American CDC employee, Dr. Linda Quick was in an ideal position to be the eyes and ears on the ground for the United States and other countries on the coronavirus outbreak, and might have alerted them to the growing threat weeks earlier.

Corona response: 7 questions business leaders should ask themselves (Corporate Knights) Published on: March 23, 2020 | Category: Canadian Business, Leadership

In the face of COVID-19, Canada’s business and institutional leaders can help unleash creativity and a new sense of mission.
In particular, leaders and institutions that are not delivering essential public health services need to ask a series of questions – to answer the question, quite simply, of what they can do for their country.

Coping with Fatigue, Fear, and Panic During a Crisis (HBR) Published on: March 23, 2020 | Category: Leadership

We are dealing with two contagions — the virus itself and the emotions it generates.
The fear and uncertainty fueled by the COVID-19 crisis is putting extreme pressure on our finite resources.
The consequences include poor decision-making, breakdown, and burnout.
We can’t change what we don’t notice, so the first step is becoming more aware of what we’re feeling at any given moment.
Rather than catastrophizing about the COVID-19 crisis, you can tap into your adult self, deliberately choosing to focus on what you have the power to influence and letting go of the rest.

The Impact Of Coronavirus On Global Activity (FitBit) Published on: March 23, 2020 | Category: Economic Impact

As the COVID-19 pandemic continues to evolve, it’s had a major impact on physical activity levels for our 30 million plus active Fitbit users around the globe.
The severity of the decline in steps varied from country to country, with European countries showing a more dramatic change, ranging from a 7% to 38% decline in step counts during the week ending March 22, 2020.
There are also reasons for optimism, as you can see that step counts are starting to rise again in China, Japan, and Hong Kong.

Negotiations falter over $2tn US stimulus deal (FT) Published on: March 23, 2020 | Category: Economic Impact

The Trump administration and congressional leaders struggled to reach a deal on fiscal stimulus measures worth nearly $2tn to help the US weather the coronavirus pandemic, leaving the fate of the package up in the air as jittery markets opened around the world.
The negotiations hit an impasse on Sunday after Democrats on Capitol Hill objected that the proposed deal offered big business an overly generous bailout with limited conditions and scant oversight.
They also argued it would not release enough new funds to hospitals.

Dow futures plunge as coronavirus slams market, Fed official warns unemployment could hit 30% (Market Watch) Published on: March 23, 2020 | Category: Economic Impact

U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic.
On top of that, a U.S. central bank official estimated that the unemployment rate could surge from just over 3% to 30% at its peak as businesses shutter in an effort to clamp down on the spread of the deadly illness.

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