It’s not over yet. The COVID-19 pandemic upended the world in a few short months and continues to roil our day-to-day lives with no return to “normal” in sight.
The sudden and sweeping change tested business leaders’ abilities to adapt and provide a sense of assuredness and direction in a time rife with uncertainty. How do you respond to questions when your team is scared, and there are no clear answers? We interviewed four business and technology leaders to unearth trends and lessons learned so far during this pandemic.
The Beginning
Do you remember where you were when you learned about COVID-19? Probably not.
Unlike other major historical events, when a single moment in time changes the world, the pandemic began as a hushed murmur of concern over mysterious respiratory symptoms in China. This ripple of fear soon swelled into a tidal wave that consumed the planet. As the crisis spread, people turned to leaders in government, business, and other realms for guidance — unsure of what to believe and how to prepare.
“As a leader, what’s the right thing to do?” Asked Vignesh Shetty, vice president and general manager of performance intelligence analytics at GE Healthcare. Not only was Shetty faced with the same challenges as most industries, like the rapid switch to remote work, but as an executive in healthcare analytics, his team’s work was in desperate demand. There was no time to waste.
“Our clients needed us more than ever; analytics were needed more than ever. So we had to get out of bed and bust our butts,” Shetty explained.
We are not interchangeable pawns in a chessboard. It’s less about the ceiling (times are good), it’s about your floor (times are bad).
<quote-author>Vignesh Shetty – Vice President & General Manager, Performance Intelligence Analytics at GE Healthcare<quote-author>
Jeff McKibben, vice president of enterprise applications at ON Semiconductor, felt the impact as soon as the disease began to shut down China due to his company’s reliance on Chinese manufacturing. This allowed him to grasp the gravity of COVID-19 before many other businesses. “We had a chance to be proactive in the US,” he said.
Most leaders surveyed expect large-scale changes within their organizations stemming from COVID-19.
Share of respondents who say their organizations are considering or implementing a given change in response to COVID_19, %1
He and other leaders at ON Semiconductor made swift adjustments to operations to help their teams mitigate risks but still grappled with manufacturing challenges and the trauma of the pandemic. “I’m asking everyone to be productive while they’re worried that they may be in danger,” McKibben continued.
This report dives into the stories of leaders like Shetty and McKibben. What’s worked, what hasn’t, the hardest lessons they’ve learned, and the challenges they’ve endured during these unprecedented times. The goal is to provide insight into successful leadership during a year like 2020, and whatever happens in 2021 and beyond. While very little is certain in this era of upheaval, we can be sure of one thing: we need our leaders like never before. By sharing and applying best practices, executives can cultivate a rising tide that lifts all ships—even with the tidal wave of a pandemic roiling below.
Hard Changes
“We closed all our stores in a matter of a few days and paused all our projects except anything promoting e-commerce,” explained Niel Meyer, VP Application Delivery at EXPRESS. As a massive clothing retailer, his organization was amongst those most affected by the pandemic.
He and his colleagues knew they needed to act fast to quell panic within the company. “The executive team stayed extremely in touch. We made a video once a week and the CIO (Chief Information Officer) started a weekly all-hands meeting.”
To adapt to the new reality, EXPRESS had to find a safe and efficient way to keep the business running. The leadership team prioritized frictionless, no-contact payments and curbside pickup—solving technical problems like removing the need to type in an email address to pull up a loyalty number—and adjusting to fully remote work with tools like Slack and WebEx.
COVID-19 pulled the proverbial rug out from under Meyer and other leaders like him. They had to take everything they thought they knew about running their business and toss it out the window. Standard operating procedures ceased to exist. It was a state of emergency, and the only option was to innovate.
Give clear direction, remove obstacles, and get out of the way.
<quote-author>Jeff McKibben – Vice President of Enterprise Applications at ON Semiconductor<quote-author>
In conversations with leaders, several patterns emerged around hard changes in 2020. The table below depicts the consistent elements of successful adaption that we observed.
Such approaches are helping teams stay focused and connected under trying circumstances. “My people became leaders. They stepped up.” Said Dennis Jolluck, vice president of applications development and field product management for Oracle’s Latin America division.
Jolluck and his team traveled 50-60% of the time pre-COVID. They were self-described “road warriors,” so the sudden loss of face-to-face interaction with clients created a ton of uncertainty. But instead of trying to stave off change, he encouraged his team to embrace it. They came up with ideas totally outside of their comfort zone, such as video production for webinars to promote customer success, and found new ways to provide value. Jolluck feels that this mindset was the key to getting through the 2020 challenges.
Every customer matters more than ever; you need to deliver and exceed their expectations.
<quote-author>Dennis Jolluck – Vice President of Applications Development & Field Product Management for Oracle’s Latin America division<quote-author>
In an era where people have so little control over the chaos in the world, their work is often the one place where they feel they can drive some positive impact. And with leaders like Meyer and Jolluck, who establish strong trust among their employees, people are further motivated to take action and help the business thrive against the odds.
Growing Stronger
The pressure of the situation we’re all in can either crush an organization or make it stronger. As the saying goes, pressure makes diamonds—and the leaders we interviewed discovered new strengths within their companies during COVID-19. This table shows the adaptations that they intend to continue after the crisis ends.
Moving Forward
The culmination of great leadership is resilience. Challenges will keep coming. Evolution is a necessity. And when you have strong leaders, you’re ready for it.
What you think today is a ‘must-have’ might not be important in 6 months.
<quote-author>Niel Meyer – VP Application Delivery at EXPRESS<quote-author>
At TheoremOne, we plan to keep gathering learnings like these and sharing them widely to help organizations grow and succeed—no matter what comes their way. As the story of COVID-19 continues into 2021, we want to hear about your challenges and learnings. From shifting to remote work to pivoting your offerings, we’re ready to lend an ear. To be a part of our next report or to get some advice from a TheoremOne expert, we are just an email or a call away.