CHICAGO:,Dec 08
Aon plc has published a global report, "Helping Organizations Chart a Course to the New Better," which presents research, regional findings and trends on how organizations have responded to the novel coronavirus (COVID-19) pandemic to date and are adapting to prepare for other emerging long-tail risks.
Beginning in Chicago in June 2020, Work, Travel and Convene Coalitions launched in Australia, Germany, the Netherlands, and Singapore as well as major urban centers Dublin, London, Madrid, New York, and Tokyo, including participation by more than 130 organizations from a broad range of industries.
The 10 coalitions formed across four continents to examine issues arising from the pandemic, share key learnings and insights and help develop best practices for moving forward. This report is the result of months of ongoing dialogue with some of the world's leading organizations.
"COVID-19 has fundamentally reordered the priorities of leading public and private organizations around the world," said Greg Case, Chief Executive Officer of Aon.
"Our decision to convene these coalitions was driven by a need to build a collaborative roadmap to make better decisions in an increasingly complex world. Rather than accept the so-called new normal, this work leads our clients to define the new better on their own terms," he said.
Along with the coalition dialogue, Aon performed a comprehensive quantitative diagnostic to address readiness, resilience and wellness as well as assess priorities as the pandemic evolved. Spanning more than 15 industries and representing multinational organizations from the U.S, Europe and Asia, key findings include:
Nearly 89 percent of companies plan to enhance their wellbeing program to focus on their workforce's emotional and mental health wellbeing as a result of the pandemic.
More than 84 percent of companies said they have strengthened their communications protocol to better react and respond to vendors, governments and employees during the pandemic.
More than 87 percent of companies have deepened their partnership with key vendors to support the management process and coordination of a return to the workplace.
Through the coalitions, key themes have emerged by geography as participants identify priorities, build guidelines and best practices and chart the path forward:
Australia: accelerating the ability to adapt to crisis, building a resilient workforce in or out of the office and addressing the underserved impacted by the economics of COVID-19.
Dublin: workforce agility, mental health and wellbeing and the connection between innovation and collaboration.
London: how to return to the workplace, the future of work and the importance of data in that future.
The Netherlands: health and safety, building connectivity to balance attrition and improve productivity.
Singapore: the agility of firms and employees, the importance of culture and the future of work.
United States: the role of leadership and communication, the future of work and return to the workplace.
The report also highlights six case studies about efforts in handling the COVID-19 pandemic over the past nine months:
Professional services company Accenture explores how strategic planning and integrated decision making, with a primary focus on safety, enabled the firm to scale its pandemic response and adapt as the situation evolved.Bord Bia, the Irish food board, explains how its past crisis management experience allowed the organization to plan for multiple scenarios and support Irish producers, farmers and companies while nurturing innovation.
Science and technology company Merck KGaA streamlined its "Future of Work" program, a data-driven approach shaped by four guiding principles.
Real estate services provider JLL identified the importance of networking and communication in its multifaceted response to the pandemic, leveraging its technology investments and forging public-private partnership aiding front-line governments in their pandemic response.
Global restaurant chain McDonald's recounts how its experience in managing health and safety concerns and supply chain planning, along with support for its diverse workforce, led to the company's response.
Helle Thorning-Schmidt, former prime minister of Denmark, shared her initial learnings from the crisis, urging the private and public sectors to find new ways to approach collaboration to better prepare for future threats.