What trade offs should companies make around payroll expenses such as pay cuts, furloughs, layoffs.?How should companies behave to remain socially responsible?
In your breakout room groups discuss and prepare a brief response (bullet points) based on the what your heard during the interviews to the following questions. Those should be summarized in a word document with the names of the people in your group and submitted on line. Chose a spokesperson or spokespersons to present your groups responses to the class.
- What do you think companies can/should be doing to ensure the health and safety of their workforce? How much responsibility rests with the employees themselves?
- What should companies be doing to ensure that they have leadership continuity to replace key individuals should they become infected?
- What should companies do so they can cover near term expenses. Its estimated that 16% of US companies may become “zombie companies” not having enough cashflow to cover interest on current debts or financial obligations?
- What trade offs should companies make around payroll expenses such as pay cuts, furloughs, layoffs.?
- What should companies due to minimize supply chain disruptons? (75% of US businesses have experienced supply chain disruptions.)
- Can companies work remotely for extended periods of time and maintain a healthy company culture.
- How should companies behave to remain socially responsible?
- What do you thinks the biggest challenge companies will face beyond the previous questions this year and over the next five years?