Our deeds define who we are, especially in times of crises, and the coronavirus pandemic is no exception. It’s forcing companies to evolve rapidly regardless of size, industry or location. As we fear job loss and lament the dislocation from our work, we have to stay focused on improving our workplace cultures, processes and environments — all of which define our organizations.
Supply networks slowed, and some halted as COVID-19 caused unprecedented disruptions. From mechanical equipment to medical supplies to the way consumers shop at grocery stores, the supply chain as we know it has been permanently altered.
What we’ve known as the “coronavirus pause” provides all of us with a unique opportunity to help chart a future course for all aspects of the supply chain.
Over time, leadership that’s bogged down by deadlines and daily quotas can forget the evergreen management principles needed to drive long-term success. The coronavirus offers companies a chance to reset their workflow, reexamine their offerings, let go of dead-end initiatives, and embrace emerging opportunities. The pandemic gives each of us an opportunity to remake ourselves — to disrupt the disruption.
A Complete Reassessment
First, you must find ways to take stock of your brand impact. If you don’t appear to others as you intend, odds are you're not the company you want to be. Evaluate who you are and why, then decide who you want to be and assess the action needed to get there:
- Find out who you are in the marketplace. Solicit opinions on your organization and its impact from trusted colleagues, friends, prospects, clients, and even honest competitors.
- Go through your workflow, your processes, your team, your client list, your vendors, your strategic partners — everything that you are currently doing that defines your company. Share and review it with members of all departments. Look at your current mission, revisit your original purpose, and find the direction to match that goal. Define what you need to change.
- When affected by the disruption to the availability of certain goods in the supply chain, you should ask if it makes sense to diversify products and offerings, and if you should reevaluate the manufacturing process of your offerings, which may include internal production or expanding procurement of certain items from other vendors of locations.
Next, assess, reassess and harness all of your information and resources. This may help you find new business lines, action items, or process improvements:
- Amass all your institutional knowledge. Bring your leadership and staff together to codify everything you do. Capturing all the tacit and implicit knowledge of your people will reveal new paths to take and lessen the chance of missed opportunities.
- Have your leadership team focus on the near misses of the past and build a “recent lessons learned” catalogue to facilitate self-examination. This will also show you how and where you need to mentor your team, build new working relationships, and improve collaboration.
Third, examine your leadership team through a new lens and rebuild — leaving dysfunction behind:
- Share ideas and solicit them. Let people from all levels of your organization contribute freely and synergistically. You will be amazed how much more engaged all your people are when they know they can contribute in a meaningful way.
- Treat your people well. Mental and emotional health are the wellspring of longevity, loyalty, and creativity. You simply get much better performance out of happy people.
- Break the taboos. Have people from different teams explain their roles to each other. Encourage them talking to each other about the different functions in your business.
An example of such a reboot is a small rideshare startup for kids and families. The company — RideAlong — was started by parents in New Jersey who were initially just seeking a safe way to get their kids to and from school.
RideAlong’s CEO Norbert Sygdziak was stunned by how much pent-up demand he discovered: “We started in September 2019 and had double-digit growth and double-digit profits. What started out as a local community need quickly snowballed into real demand across the country. It was incredibly fulfilling. But then came COVID.”
Schools shut down. The business went away entirely. RideAlong’s leadership was at a loss like everyone else. But then it clicked. Sygdziak and members of his Board and leadership team all galvanized around one question: “There are so many people in tougher situations. What can we do to help those people in this time?”
Sygdziak started by taking care of his people and asking his team to pull together. He made sure to take care of his drivers first as they were completely out of work. He paid them to keep the team intact and demonstrate his appreciation of what they were going through. The executives waived and postponed taking paychecks. He gathered volunteer teams of drivers and staff to partner with hospitals, food pantries, restaurants and non-profits to deliver food and supplies to seniors and families in need, provide meals to overtaxed healthcare workers, help children get to hospitals for much-needed regular medical treatments, and coordinate school deliveries for students.
It is not an uncommon pivot at this time, but it is a great example of the power of reexamination. These non-profit relationships and good deeds are leading to for-pay partnerships in ways they never dreamed. Pulling together the entire team, asking “why do we exist?” and “what should we do?” allowed them to reimagine everything.
Importantly, it crystallized what Sygdziak and his team wanted the company to be. They were not just a kids’ transportation company, but rather a mechanism for building community. Sygdziak is moved when he thinks about it: “We were forced to think more deeply about our purpose. By spending our resources on helping those less fortunate, by providing connection, and hopefully alleviating some difficulty, we found inspiration and grew tighter as a team. Now we understand exactly who we want to be.”
Who Will You Become?
Whatever you do with this time, if you have it, embrace it.
Despite the damage done, the coronavirus has inspired companies to pivot to philanthropy. Maybe you have the opportunity to prepare for change and pursue what the ferocious day-to-day never quite allowed. Reach out and expand relationships and geographies. Refine and redirect your team. Fully explore the ideas and solve the problems that always seemed too big to take on.
There has never been a greater opportunity to disrupt the disruption that’s happening across the supply chain. Rewrite your story and be better.
Jennifer Bankston is president of Bankston Marketing Solutions.