The coronavirus and economic crises have created an urgent, unprecedented challenge for CEOs and corporate leaders to put purpose-driven leadership and stakeholder capitalism into practice. Companies face extraordinary operational and financial challenges, and with every industry and business tested in unique ways, the course of action may be different for each. Many employees are working from home and working around family demands.
There is no doubt this is a troubling time for all of us. Construction is a lagging indicator in that it is not usually the first hit. It’s other industries, services and products and demand for these that are leading indicators of our economy. Designers were the first hit as projects were halted and postponed or cancelled. Layoffs and staff reductions occurred quickly. Contractors, laborers, field teams from both the owners and associates had to quickly put in place safety measures to continue their work.
Our owners are proud of the work by the local contractors in continuing their work and timelines as best as possible. Owners are also optimistic there will be a pipeline of work. This pandemic did jolt our industry and the world, however, it didn’t reduce the needs and demands. In some ways it has increased it.
The SLCCC is here and we are still the forum for bringing together the buyers of construction and the providers together for leading our region for better days. There will be better days. We hope some of links and information will be useful to you in the days ahead. If you have other links or information to share with the SLCCC please send to firstname.lastname@example.org. Thank you and know we appreciate you!