April has been a month of many firsts. While the global prices of oil dipped into the negative for the first time, businesses across the globe had to transition to working remotely. As public transport in many of the major cities of the world came to a standstill, e-commerce growth quadrupled.

As world leaders are trying their best to keep calm and hold their nations together in these trying times, the business fraternity is coming together to learn from each other by sharing best practices to gear up for the recession.

Some of the e27 thought leaders have shared their thoughts on the COVID-19 crisis, leadership, how to manage teams, and more. Here’s a roundup of the best ones this month.

From investors

• When the Managing Director of Monk’s Hill Ventures and serial entrepreneur Peng T. Ong is giving a piece of advice and tips on what founders need to do now, you ought to listen. Need we say more?
• Since we are currently in the midst of a ‘great reset’ caused by COVID-19, Maarten Hemmes says right now is a good time to start thinking what the startup ecosystem will look like in the next five years. One thing is for sure, we will continue to need the innovation that startups create in order to bring our society forward.
• As unprecedented economic uncertainty continues across the world and it is now fair to ask if the tech and VC world runs into its own financial crisis. In the coming weeks, as the tech companies report their Q1 results, it will be clear where we are heading in 2020, says ex-Rocket Internet leader, Anu Shah.

Also Read: Five e27 Pro member-companies describe their experience with e27 Connect

From entrepreneurs

• Founder of PatSnap kindly shared his words of caution and COVID-19 experiences from China. Initial news of the outbreak in China occurred during the Lunar New Year holiday when many of their employees had travelled back to their hometowns and were spread out across the country. Jeffrey Tiong said, “My hope is that sharing my learnings might benefit other senior leaders in the West as we go through this tough situation”.
• There is no doubt anymore that the economy will suffer. With governments rolling out bailout packages and startups debating hibernation, Managing Partner at RHL Ventures, Rachel Lau has done a great comparison of the economic damage of COVID-19 in Malaysia and the world. When we wake up after a coma, will we see a world that has a standstill or a world that has slipped away from us? She questions.
• As a leader, this is not the time to panic. It is time to embrace empathy and do whatever you can to sail through. In adversity, one can build the strength and resilience of businesses and positively challenging entrepreneurs to broaden horizons. This heartfelt note from Shaun Djie is the Co-Founder of Digix, are the only words of inspiration you need right now.

From topic experts

• There was no better way of putting this. Amidst all the gloom of the COVID recession, Eddie Lee of Revolut seems to be looking for the silver lining. If the global financial crisis gave birth to fintech. What will COVID-19 recession bring?
• Andee Chua is a skilled community builder, connector and collaborator. He is a social catalyst/agitator and believes in the importance of growth in people, both personally and professionally. He talks about how to engage your communities as you are compelled to move all activities from offline to online, in the combined efforts to practice physical distancing and yet preserving social connectivity.
• While bigger corporations opt for a sustained public relations strategy and positioning that spans multiple years, startups and SMEs do not always have the luxury of resources. Alow Christel Goh to help your PR strategy. She strongly reinforces that PR is an awareness tool, not a strategy for your brand to drive sales.

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