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Navigating the Great Pause: How to Operate Effectively in the New Normal – Experts in Leadership, Finance, Operations - Shared screen with speaker view
diane gibbs
40:39
I would love to know what are some of the hardest decisions you have had to make and how quickly you made them?
diane gibbs
44:02
Is layoffs the only hard decisions though
Center for Creative Economy
45:25
To Evan, so many small businesses were blocked out of the first round. Did the banks prioritize larger clients that had existing lending relationships? The money is not getting to the entrepreneurs and small businesses with employees under 10 people.
David Worth
45:36
How can a firm choose whether to preserve cash or try to adapt to market changes? Both? What do banks want to see a client doing?
RichardLupfer
45:39
Or to invest opportunistically or not
Austin Adams
46:04
If we want to follow up with the panelists, what is the best way to touch base after the session?
gibbsv@kenan-flagler.unc.edu
47:02
Callie will send a follow up email after the session and we can provide an answer to that question
Austin Adams
47:21
Thank you.
diane gibbs
47:31
Are people asking contractors to do the same work for lower fees? Some clients are asking for me to do the same work or more but doing it on credit. I have not asked my contractors to take less but is that what others are doing?
Jennifer Patterson
48:52
I would love to know about lowering payouts to subcontractors so we are spreading the "pain"?
RichardLupfer
50:02
Diane and Jennifer, we're not seeing that at all.
Jennifer Patterson
54:04
When do folks anticipate NC will "reopen"?
RichardLupfer
54:36
One thing we have been seeing is startups considering contractors instead of additional founders or FTE's to be able to flex more fluidly based on what happens in the near future.
diane gibbs
57:18
That’s great Richard.
diane gibbs
57:38
I do think it is harder when it’s a client that I have a long relationship with
RichardLupfer
59:03
Yes, that is tough, that's where the creativity comment that Ms. Gibbs touched on comes in
diane gibbs
01:00:14
Yes exactly
diane gibbs
01:00:19
Thanks Richard
Keysha Jones
01:00:39
Please post any additional questions you have for the panelists
Jill Willett
01:03:31
I’ve had my two kids come in twice in the last 15 minutes too Evan!
RichardLupfer
01:03:34
To Evan's point, do you think people are going to want a vacation after all of this is over?
Mary Virginia Scott
01:04:48
This is somewhat off of the subject of entrepreneur or small businesses, but when we were discussing when we all thought that we could open up; what about the Universities ad colleges? What / when is UNC or Kenan-Flagler planning on?
gibbsv@kenan-flagler.unc.edu
01:05:42
At this point UNC staff / faculty are planning to be back. In office in July and fall will start as normal .. but that could change.
Keysha Jones
01:07:47
Thank you for joining us!Post-event survey: https://www.surveymonkey.com/r/6YZ52V3Next week’s session: 4/30 How to Operate Effectively in the New Normal: Experts in Marketing https://www.eventbrite.com/e/102213740048
callie
01:08:42
We will continue the series throughout may!
callie
01:08:56
You can see our next three sessions at eship.unc.edu/events
callie
01:09:12
https://eship.unc.edu/index.php/events/
Mark Self
01:10:12
Nice job everyone!
jonathancollins
01:13:00
Great session this week!