As we all attempt to cope with ongoing health effects of the COVID-19 pandemic, the resulting economic regression and the mental health effects of social isolation; this week has seen widespread protests in response to ongoing violence and discrimination against the black community. These protests have brought to the forefront (once again) the fact that the coronavirus is not the only pandemic we are currently facing; the pandemic of racism is rampant and pervasive and we all have a part to play in combating it. This week I have compiled some resources to help us all navigate the challenges of both pandemics and hope you find them useful in leading through these difficult times.
All the best,
Combating Racism in our Organizations
On an individual level, we all must acknowledge our own privileges and inherent prejudices and take meaningful action to combat systemic racism. However, businesses and organizations also have an obligation to take substantial and purposeful action to combat discrimination. This week Laura Morgan Roberts and Ella F. Washington at Harvard Business Review discuss missteps to avoid and meaningful action that can be taken by leaders to fight racism.
The Power of Adaptability
The COVID-19 pandemic has brought about a radical disruption to the global order; and while the response has been far from perfect, author Malcolm Gladwell has seen humanity’s impressive ability to work collectively to quickly adapt to entirely new social norms. Understanding the broader social impact will educate us on how to implement organizational adaptability.
Unprecedented times call for unprecedented action. We are living in a time that would have been incomprehensible six months ago; as such, we are exploring some huge new ideas to navigate these times. This week, NPR’s Planet Money podcast explores three big ideas to assist in the global recovery from this crisis. Hopefully this will inspire you to make big decisions of your own.
The New Organization
The decisions that are being made now are already beginning to determine what our future will look like. McKinsey & Company is exploring what the post-coronavirus organization will look like. Many organizations are energized from acting with purpose, limiting bureaucracy and empowering leaders, but will this energy lead to healthier business?
As the economic impact of the COVID-19 crisis is beginning to come into view, economists are attempting to understand the effects. Where past recessions began in the financial system, we are in uncharted territory with a recession caused by a virus. Let Harvard Business Review help you understand the economic shock we are currently experiencing with this video explainer.