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Insight

COVID-19 Business Response – Phase 1: Initial Re-Opening

OVERVIEW

The evolving business and population dynamics over the last two decades (e.g., population growth, affordable global travel, global distribution channels) make our worlmore interconnected than ever beforeThis increases exposure and, in turn, the likelihood of more frequent disease outbreaks and pandemics. As a result, both the number and diversity of disease outbreaks are gradually increasing. In fact, between 1980 and 2013 there were 12,012 outbreaks, including SARS, Zika, and Swine Flu, comprising 44 million cases affecting countries worldwide. To get a sense of the enormity of this from an economic perspectivethe annualized cost of flu pandemics is approaching the cost of climate change.¹   

As evidenced during the initial months of the COVID-19 pandemic outbreak, businesses are ill-prepared to respond. 

Regardless of the level of preparationbusinesses can significantly limit the impact of a pandemic by continuing to deliver on business imperatives while enabling employees, suppliers, and customers to engage in a safe model That said, it is important to note that mitigating the effect of a pandemic on an organization requires a holistic management approach.   

In the case of COVID-19, the impact has been more significant than other recent pandemics given its novel nature and increased global reach, and we must face the fact that the majority of the population may return to the workplace without the protections that would be afforded to us by either a vaccine or broad “herd immunity”. Unlike the Swine Flu pandemic of 2009 which saw the swift development and distribution of a vaccine within a few months of the pandemic declaration, there is a high probability that employees will begin returning to the workplace several months or more before a vaccine is approved and available for broad distribution. Therefore, we must think of ReturntoWorkplace Plan as a four-phase process: 

Even though a timeline for re-opening or vaccination has not been clearly establishedsolving for Phases 1 and 2 is an immediate priority for companies. It will also be important for companies to eventually formulate contingency plans that can be used for the next pandemic, which will provide a roadmap for how your organization might flex to a fully remote model from an inoffice or customer-facing model and back seamlessly as conditions change. With Phase 3 a minimum of six months away, and with the evolution of new operational and cultural norms developing between now and when a vaccine arrives, Vynamic recommends pausing on Post-Vaccine planning until late 2020. 

This piece will focus strictly on Phase 1: Initial Re-Opening with other insights to follow soon, focusing on Phase 2: Pre-Vaccine. 

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ADDRESSING PHASE 1 – INITIAL RE-OPENING 

Almost as important as articulating how to re-open the workplace is answering the initial question of when your business will begin the process of re-opening. As your team develops its Return-to-Workplace Plan, it must weigh the potential financial and reputational benefits and risks of taking a “leader vs. “follower role

Using life science companies as an example, if one life science company re-opens its offices and/or permits its field force back into HCP offices on July 1 and another waits until August 1, how will those decisions be perceived by the market and the organizations team members? Would the “leader” be viewed positively for returning? Or would the “follower” be lauded for putting employee and customer safety ahead of profits? It’s likely that the viewpoint will be highly personalized – where shareholders may praise a quick return, employees may feel trepidation at being part of a “leader” organization on the return to workplace front. 

Additionally, how might a life science company be viewed if the priority remains to pursue the advancement of science and medicine for patients.  How does that play out in reopening with respect to timing phasing in departments based on how closely it ties to said mission?  Would they be considered a leader or too focused on shareholder return?

Only time and the progression of COVID-19’s impact within that particular workplace will dictate whether the return to workplace in hindsight is viewed as beneficial or reckless. Long-term implications for employee, customer (HCP and patient), and shareholder engagement will all need to be considered.  

ANCHORING ON A STREAMLINED RETURN-TO-WORKPLACE PLAN APPROACH

While it’s unlikely your organization’s overarching vision and mission will change as a result of COVID-19, core components of your business strategy are likely to be impacted by both the ongoing threat of the virus as well as the positive learnings from a forced remote working modelAs a result, when developing a ReturntoWorkplace Plan, it is imperative to consider the following:

  • Business Strategy: How has COVID-19 evolved our company in terms of who we are and what we do? 
  • Process DesignHow has our forced remote model changed our ways of working both internally and with customers? 
  • Decision MakingHow do we need to adjust our decisionmaking process to accommodate new ways of working? 
  • Measuring SuccessWhat KPIs are we monitoring to ensure success of our new ways of working? 
  • CultureHow do we embrace new cultural norms to meet the demands of the moment? 

FACTORS IMPACTING RETURN

While framing out the future operating plan for the organization will establish a target for the organization, the path to get there can vary widely. In defining the appropriate route for your organization, consider three interconnected perspectives: 

  • External readiness: With COVID-19, external readiness will be guided heavily by local, regional, and national government guidance. As a result, different physical locations within the same organization may operate under very different (and potentially conflicting) guidance. What might those guidelines be? 
  • Internal readiness: When will the appropriate infrastructure and cultural processes be in place to support a return?   
  • Personal readiness: When will team members be mentally and physically ready to return to the workplace? Further, when will support structures (childcare, elder care, etc.) be in place to support a Return-to-Workplace Plan? Personal readiness will be especially important for team members who live with or care for high-risk individuals until a vaccine is available. 

It is important to remember that these “three legs of the stool” are all operating on different timelines with the personal readiness showing the greatest variability from team member to team member. 

RETURN TO WORKPLACE COMPONENTS – AN AGILE APPROACH

With a framework supported by internal, external, and personal perspectives in place, it’s time to build the Return-to-Workplace Plan. First, companies must continually assess, implement, and monitor to ensure the organization is responsive to the evolving perspectives of its key stakeholders. 

 

DEFINE A TARGET DATE – Establishing a target date for a ReturntoWorkplace Plan is critical to mobilize parties responsible for the infrastructure and processes that will support the return of employees and vendors to the work site. Establishing a target re-opening date can be driven a few simple questions:  

  • What is the earliest date that we believe re-opening can occur? 
  • What are the three to four criteria that must be true to reopen?  
  • What is the office journey for members of the team and what needs to be done at each point to protect the company, employee, and each person they interact with? 
  • What criteria make it “acceptable” to continue to work from home after the office is re-opened? 

 

ASSESS AND BUILD READINESS  Since the return to the workplace will likely be an iterative process, it’s important to determine how the re-introduction of more employees in the office may impact current on-site teams as well as the overall operations. Key questions to address include: 

  • What are the next functions that should be returned to site?   
  • Are there operational trade-offs that need to be made in the short-term to support the team’s return to site? 
  • What are the expectations our customers have for us and for themselves? 
  • How does the organization continue to leverage technology to sustain itself throughout the transition? 

 

IMPLEMENT THE RETURN-TO-WORKPLACE PLAN – Maintaining the “personal readiness” perspective is paramount in successfully implementing a Return-to-Workplace Plan. Implementing too quickly or in an “all or nothing” model is likely to alienate employees and vendors while limiting the organization’s ability to implement the operating model it has developed. 

 

MEASURE  A qualitative and quantitative measurement plan should allow you to monitor and appropriately dial-up or dial-down key aspects of the Return-to-Workplace PlanConsider the following KPIs to monitor: 

  • Employee Engagement/Burnout – note that since many people will be re-entering the workplace during a recession, engagement is likely to be a better indicator of success than retention   
  • Company Financials 
  • COVID Case Monitoring  

In the end, a ReturntoWorkplace Plan needs to focus simultaneously on the safety of the business, its employees, and the customers it serves. Employees, shareholders, and customers have been accepting of the current state precipitated by the global COVID-19 pandemic. However, organizations should devise a well thought-out Return-to-Workplace Plan that optimally paces and sequences activity to avoid forced retreat to the remote model and associated negative impacts.  

Contact us to find out how Vynamic can support the development of a streamlined Return-to-Workplace Plan and ultimately drive your key business objectives. 

End Notes
  1. World Economic Forum in Collaboration with Harvard Global Health Institute. “Outbreak Readiness and Business Impact – Protecting the Lives and Livelihoods across the Global Economy”.  World Economic Forum white paper.  January 2019. Pgs. 6-7. Downloaded April 7, 2020. View in Article
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