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Prakhar SharmaTop Contributor
Social media marketer, Content Writer
Asked a question 3 years ago

Should startups panic about corona virus outbreak?

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Prakhar SharmaTop Contributor
Social media marketer, Content Writer

Safety first

First and foremost, keeping your teams safe and healthy is of paramount importance. As is safeguarding the health of anyone who may interact with your organisation. Many of you have already shown leadership by adopting best practice measures to reduce personal risk.

Leaders lead

In any crisis, your team is looking to you for leadership. Leaders show leadership in different ways, but in our experience, there are two crucial commonalities. Leaders don’t panic, and they don’t bury their heads in the sand.

They show empathy and understand that people react to situations like this in different ways. It is okay to admit you don’t have all the answers. Your teams don’t expect you to have suddenly become an expert on epidemiology.

You must, however, communicate. Be there to support your teams

Understand the business impact

We expect this crisis to affect your businesses differently. Some of you are already feeling the impact, and some of you aren’t, yet. We encourage everyone to be doing scenario planning on possible impacts and identifying what actions you might take in response.

So in short you don't have to panic about this outbreak you have became an entrepreneur by thinking out of the box idea's , same is with this situation think out of the box and deal with it.