*Program will start at 11:00 a.m.* Spencer P. Eccles Managing - - PowerPoint PPT Presentation

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*Program will start at 11:00 a.m.* Spencer P. Eccles Managing - - PowerPoint PPT Presentation

Nov 29, 2022 344 likes •572 views

*Program will start at 11:00 a.m.* Spencer P. Eccles Managing Director The Cynosure Group Summary of Key Action Items 1. Start thinking about COVID-19 as a long-term risk that needs to be managed, not a short-term issue that can be solved 2.

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*Program will start at 11:00 a.m.*

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Spencer P. Eccles

Managing Director The Cynosure Group

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Summary of Key Action Items

  • 1. Start thinking about COVID-19 as a long-term risk that needs to be

managed, not a short-term issue that can be solved

  • 2. Act promptly, even if not perfect – iterate as required
  • 3. Utilize the resources available – CARES Act, Credit Partner
  • 4. Communicate frequently with key stakeholders
  • 5. Look for ways to adapt your business as you prepare for a new normal
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Agenda

Description Presenter Welcome Taylor Randall Introduction Spencer P. Eccles Recap and Update on Utah’s Pandemic Response Governor Mike Leavitt Discussion with Federal Reserve Board Vice Chair What is the Federal Reserve doing to support the economy, households and businesses? Governor Mike Leavitt Vice Chair Randal K. Quarles Panel Introduction Spencer P. Eccles Managing Director, Cynosure How are your businesses addressing the challenges you are facing? Clark Ivory, CEO Ivory Homes Scott & Karin Pynes, Owners Cactus & Tropicals John Walbrecht, President Black Diamond Equipment Moderator: Spencer P. Eccles Audience Q&A Governor Mike Leavitt

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Randal K. Quarles

Vice Chair for Supervision Federal Reserve Board Chairman Financial Stability Board

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Spencer P. Eccles

Managing Director The Cynosure Group

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Audience: Ask Questions Using Chat

Q&A

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Clark Ivory

Chief Executive Officer Ivory Homes

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Scott & Karin Pynes

Owners Cactus & Tropicals

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How are you adapting your business to survive?

Garden Centers

  • Closed stores
  • Shifted to web sales
  • Redesigning outdoor

sales to reopen

Plant Maintenance

  • Shifted from

efficiency to flexibility

  • Employee safety

Event Hosting

  • No events
  • Expected to return

but it could take a long time

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John Walbrecht

President Clarus/Black Diamond Equipment

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Focus on Employees. Every Person… Every Day Matters. Define Industry Leadership Actions Build Loyalty Programs with Employees, Customers, Suppliers and Consumers. Be Open and Honest with All. Character of the Brand. Who are we now…. And who will we become? This too will pass. Use this “Pause” to re-define the brand Define the Next “Super Fan Brand” People First. Great Teams Build Great Brands. Be Safe. Be Strong. Be Positive Over communicate with Employees, Customers, Suppliers and Consumers Continue to Innovate and Accelerate. Copy other brands Compromise our Brand Integrity. Make Short Term decisions at the risk of the Long term Brand

Black Diamond Crisis Plan

WHAT WE DON’T DO HOW WE DO IT WHAT WE DO DEFINE BD

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WE’LL SEE YOU OUT THERE.

To those who have been cold, wet and scared. To the unplanned bivies. To those who have taken the fall,
  • ver and over again.
To the nurses and doctors. To the mask-makers. To the freelancers. The photographers. To the waiters and restaurants. Coffee shops and small business hustlers. To the mountain guides and park rangers. To the athletes with Olympic dreams. To the climbers. The runners. The skiers and the riders. To the lifers. To our community that has come together by staying apart. To the mothers. The fathers. The families. To those of us who know that suffering will only make us stronger.
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Audience: Ask Questions Using Chat

Q&A

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Taylor Randall

Dean, David Eccles School of Business University of Utah

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Future Workshops: Every Tuesday and Friday

Tuesday, April 14th 11am-1pm: Cash is King – Managing Finance and Cash Flow Pressures in a Pandemic Friday, April 17th 11am-1pm: The Impact of COVID-19 on Healthcare – National Perspective and Impact to Utah Future Topics: Managing Customers and Supply Chains Industry specific seminars in Construction and Non-Profit To Register: Eccles.Link/MikeLeavitt For More Info: navigatingcovid@Eccles.Utah.edu

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For More Information:

University of Utah Executive Education

Online Classes Available:

  • Growing in Uncertain Times
  • Lean Six Sigma Green Belt Online
  • Competitive Strategy
  • Developing a Digital Marketing Plan

Download the At-A-Glance Calendar and Register:

  • UtahLeaders.com
  • 801-587-7273

Leavitt Partners

Driving strategy to advance value:

  • Strategic planning
  • Bridging health care and public health
  • Federal policy intelligence and advocacy
  • Problem-solving convening

Visit LeavittPartners.com or email Bo Nemelka at Bo.Nemelka@leavittpartners.com for more information.

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