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Heavy profit losses & serious job losses in our recent survey

An overwhelming majority of businesses are bracing for heavy profit losses following the Covid-19 pandemic, according to a new survey we completed in June 2020. What we saw within the survey is rising concerns across the world that Covid-19 will have a devastating impact on business life. I spoke to the owner of major food and bar chain, and they are predicting a reduction of  33% in revenue and  a 40% reduction in staffing numbers, whilst another CEO - a major supplier to airports - told me that the shock to their business is so great that achieving financial stability will result in over 60% staff reductions. Another CEO of a major resource global industry told me that demand was so weak that they would have to change their whole operating model with serious impact on revenue and staffing. A CEO at one of the big sporting institutions told me that the loss of revenue was going to need a five year recovery  plan and the leader of a large City Council said the likelihood is that they would go bust. These worries about COVID-19 and the potential of a new wave of infections are the major concern for 58%…

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It’s in our struggles that we define ourselves

We are now facing the biggest crisis of our generation. The decisions made by leaders and governments in the coming months will reshape our world completely. They will reshape, not just our healthcare systems, but also our economy, politics, culture and our children’s future world. The effects of the coronavirus pandemic and the change it will embed in our physiological, social, and political landscape will propagate across generations. This is a time of change. It presents an opportunity to change and to be part of the change that will occur.

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#Leadership for a post-covid world

Crisis have a way of revealing, course-correcting and re-calibrating what leadership really means. This is a moment that calls for Countries, Companies and Leaders all over the world to reinvent themselves. It’s about mobilizing dignity at scale, managing personal and organisational health, adopting new mindsets, skillful communication, and what I call #leadership.

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