How to Turn Crisis into Opportunity: A Uniquely Asian Leadership Perspective

TL;DR

Embrace the new normal by being adaptable, embracing new ideas, and finding opportunities for growth and innovation.

Transcript

ESB paper. I'm the president of the Stanford GSB Asian Alumni Chapter, and I'm delighted to welcome you all to our leadership webinar tonight. I hope everyone is safe and well despite being surrounded by a lot of negative news lately. Most of us, myself included, are working from home. But one silver lining with this lockdown is that we have been a... Read More

Key Insights

• 💦 The crisis has accelerated the adoption of flexible work arrangements and collaboration across borders, paving the way for innovation and growth.
• 🤩 Strong values and social consciousness are key in navigating the crisis and building a better society.
• 🧑‍⚕️ Mental health and well-being should be prioritized, with resources and support made readily available.
• 👃 Startups and SMEs have thrived during the crisis, highlighting the importance of entrepreneurship and innovation in times of uncertainty.

Questions & Answers

Q: How has Genentech been contributing to the COVID-19 crisis?

Genentech is conducting phase three trials for an antibody that can potentially manage severe responses in COVID-19 patients. They have also provided COVID-19 tests and are exploring the use of telemedicine and AI to improve patient outcomes.

Q: What are some opportunities that have emerged during the crisis?

The crisis has accelerated the adoption of flexible work arrangements, allowing for talent without borders and increased collaboration across disciplines. Startups and SMEs have also thrived, sparking innovation and economic growth.

Q: How have Singapore and Hong Kong managed the crisis?

Singapore has focused on social consciousness and community-driven measures, while Hong Kong has leveraged its experience with previous crises to implement effective strategies. Both countries are working towards building a better society through collaboration and support for SMEs.

Q: How has the crisis impacted mental health and well-being?

The crisis has highlighted the importance of mental health and the need for open discussions. Companies like Genentech are providing resources and support for employees, while society at large is recognizing the long-term effects of mental health on individuals and communities.

Summary & Key Takeaways

• COVID-19 has brought about a shift towards virtual events and remote work, creating opportunities for global collaboration and building stronger communities.

• Companies like Genentech are contributing to the COVID-19 crisis by conducting trials and developing tests, while also promoting mental wellness and resilience among employees.

• Singapore and Hong Kong have successfully managed the crisis through community-focused measures, highlighting the importance of social consciousness and strong values in creating a better society.

• The new normal offers possibilities for talent without borders, flexible work arrangements, and collaboration across disciplines, paving the way for innovation and growth.