We asked 118 Executive Leaders from multinational companies running their business in Slovakia 8 quick questions on how they respond and adapt to the current pandemics. Our survey group consists of 82% of CEOs and 18% of Chief HR Officers. We conducted this survey in March 2020.
Q: How do CxOs communicate with their managers during the pandemic?
55% of executives #communicate with their managers during the pandemics regularly at least once or twice a week. 45% of executives talk to their manager #daily, exchange frequent updates.
Q: What are the key priorities your leaders need to master to survive the pandemics and recover?
To manage #workforce #flexibility, ensure clear communication, #health, and well-being of employees, and listening with empathy are the most frequent priorities for leaders during the pandemic. More than 80% of leaders confirmed.
Create response teams, accelerate the #adoption of #technologies, #engage – #empower - #retain people, and improve decision-making are the top executives' top actions to adapt to the pandemics.
Q: Do the executives plan how to engage and retain key people during the pandemic?
44% of leaders confirmed they are developing a plan to engage and retain key people during the pandemics. 40% have a clear plan of doing it, and 16 % do not have any plan.
Q: Do the executives have a plan if someone leaves from a critical position during a pandemic?
22% of leaders confirmed they are developing a plan for this scenario. 55% have a clear plan for this event. And 23 % do not have any plan.
Q: Assume someone from a critical position will leave the company during the pandemic. How likely will CxOs fill the role internally, or do they prefer to hire externally?
50% of leaders confirmed they are developing a tool to avoid these failures. Most of them indicate improving #onboarding, #mentoring, and #buddy system. 27% have tools and processes in place, and 23 % do not have any tools or techniques.
Q: Do the executives have the tools to manage outplacement and manage the reputation during the exit process?
33% of leaders confirmed they are developing or improving these tools. 22% have tools and in place, and 44 % of leaders do not have any specific #outplacement process.