Entrepreneur

Stepping Up in Disaster: EO Members Reply to COVID-19

In occasions of disaster, entrepreneurs step as much as take the lead on creating groundbreaking pathways towards renewal. We requested three EO members what methods they’re implementing at work and of their private lives as COVID-19 continues to unfold.

Evan Nierman is the founder and CEO of Pink Banyan, a global disaster public relations agency. He’s an EO South Florida member.

Pink Banyan is approaching the current state of affairs with calm and decisiveness, which is how we counsel our shoppers to function in occasions of disaster. We’re making our crew members obtainable to offer free, 15-minute same-day consultations in order that we will educate companies on how to attract upon confirmed greatest practices and put them to make use of.

We wish to be diligent in defending the well being, security and well-being of each single individual at our firm, which is our prime precedence. Our workers are actually working remotely. Fortunately, the digital age and the character of our enterprise permits our workers to work a full, productive day from residence, all the time getting our shoppers outcomes, with velocity and professionalism.

We’re additionally negotiating fee phrases with collectors corresponding to landlords, freezing raises, eliminating all however essentially the most important bills and exploring a variety of different steps.

Bruce Stanger is a associate at Stanger Stanfield Regulation and an EO member in Connecticut.

Inside a couple of days of 11 September 2001, I bought airplane tickets for optionally available private journey. That winter, our vacation journey was dinner and a present on Broadway in New York. New York Metropolis misplaced a lot of its necessary financial driver, tourism. The large loser then was the journey and tourism business and we tried to set an instance.

The large loser at present will doubtless be journey and in addition all of the native companies that we go to every week. Eating places, espresso outlets, markets, barbers—the checklist is simply too lengthy to finish. We owe it to our households and our communities to spend cash domestically. Not simply the large field shops. Not the large Web sellers. We’ll most likely see extra companies delivering, and we’ll use them.

Matteo Ghedini is the CEO of Brera Serviced Residences and an EO member in Italy.

A key problem within the journey business proper now’s to safe enterprise. Flexibility in cancellation phrases and low-cost alternatives are wanted.

We’ve got determined to supply extra versatile situations at engaging charges to realize enterprise. We’ll cut back a couple of prices of pointless initiatives and, most significantly, will do our utmost to guard our crew the place potential.

We’re additionally wanting into different goal teams and into providing our house for different enterprise choices. For instance, we are attempting to do our share to help essentially the most essential folks on this emergency (docs and nurses) by providing them our flats in an effort to keep remoted and secure all through this disaster.

 

Budtik Editor

Tech and Entrepreneur Enthusiast

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