The Psychology of a Crisis: Rethinking Corporate Ethics, Values & Practices to deal with the Fallout of COVID-19
Even a crisis can create opportunities. It may not be apparent but while in the immediate wake of crises – due to the uncertainty of recovery – fear is the driving factor that prolongs a crisis mentality, even as in reality we enter a period of renaissance.
This pandemic was and is very different from other global crises, such as WWII, 9/11, or the 2008 economic meltdown, all of which had distinctive endpoints and without that the COVID-19 Pandemic poses the risk to linger.
The Pandemic induced economic pressure also showed us as a society that existing inequalities exacerbated the inequality of the experiences during the pandemic and now impacts our “return to normal”. With that in mind and while we are all rightfully concerned about the “global PTSD” COVID-19 triggered across the world and there may also be reasons for optimism: The shock we went through requires us to ‘rethink’ our ethics, values and corporate practices and could become a turning point in history and offer a raft of opportunities for society, companies & individuals who manage to rise to the challenge and focus on vectors that will be drivers of this incredible opportunity of real change.
Our panelists will explore – on a business level – how this could be addressed with initiatives to get people together naturally or through guided initiatives by management to talk about the expectations going forward and in the rebuilding/rethinking of what we now define as ‘teams’. Our panel will discuss how we can step outside of deep-rooted ways to tackle challenges and innovate on levels we have not thought would be possible before we were pushed to the edge.
While some of these issues will need to be solved on a societal level, businesses can “step into the gap” and create innovative structures to develop new sets of shared experiences that help heal and maybe even bridge the divide the pandemic has exposed.
Drawing on cognitive-behavioral techniques in clinical settings, one can extrapolate and apply these techniques to organizations. From cognitive elements (starting in the board room and also among the company’s institutional investors) to behavioral elements (board hands off to senior executives) and on the staff level.
Join for a discussion to explore what is next for society, companies and individuals, and get a new perspective on possible solutions and some immediate actionable insights to innovate and create value on levels we did not think possible.
● Thomas Brown, CEO, AD ALTIUS ADVISORS
● Georges Ugeux, Chairman and CEO, GALILEO GLOBAL ADVISORS
● Anish Melwani, Chairman & CEO, LVMH MOËT HENNESSY LOUIS VUITTON INC.
● Yvonne Bendinger-Rothschild, Executive Director, EUROPEAN AMERICAN CHAMBER OF COMMERCE NEW YORK [Moderator]
10:00 am EDT / 16:00 CET
EACCNY Members: Free
EACCNY non-Members: Free