managing the fear curve: real-world tools to help teams ......italy’s covid-19 case history. feb...
TRANSCRIPT
Managing the Fear Curve: Real-World Tools to Help Teams Deliver in Times of Crisis
Design-Builders: Managing the Present and Preparing for the Future
Welcome to DBIA’s Webinar Series
Christine WilliamsDBIA Special Projects Manager
We’re in it for your success.
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Keeping Your Client Focus in an Unfocused World: A Path for Managers and Employees
DeWayne AblesPioneer IQ
Today’s Presenters
We’re in it for your success.
Keith PratherPioneer IQ
Managing the Fear Curve: Real-World Tools toHelp Teams Deliver in Times of Crisis – Part 2
Part 1 | 4º of Leadership…..Continued…..
Leve
l of F
ear/
Econ
omic
Impa
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Projected “Fear” Timeline
High
Fea
r / H
igh
Impa
ctN
orm
alize
dProjected “Fear” Curve
A Framework to help you estimate the timing of your market
China’s COVID-19 Case History
Improved Testing
Jan 21st Feb 17th27 Days
Confirmed Cases: 82,198Deaths: 3,308Reported infection rate: .006%Suspected infection rate: .059%Mortality rate: 4.0%
(Suspected infection rate 10x worse)
Global Confirmed Cases: 745,308Global Deaths: 35,307Global Mortality rate: 4.7%Common Flu Mortality rate: @.1%
Daily Cases
Source: John’s Hopkins; https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
Germany’s COVID-19 Case History
Jan 26th Feb 25th30 Days
Confirmed Cases: 63,929Deaths: 560Reported infection rate: .077%Suspected infection rate: .772%Mortality rate: .9%
(Suspected infection rate 10x worse)
Mar 28th+
Contained
32 Days+
Global Confirmed Cases: 745,308Global Deaths: 35,307Global Mortality rate: 4.7%Common Flu Mortality rate: @.1%
Daily Cases
Source: John’s Hopkins; https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
Italy’s COVID-19 Case History
Feb 20th 37 Days
Confirmed Cases: 97,689Deaths: 10,779Reported infection rate: .162%Suspected infection rate: 1.615%Mortality rate: 11.0%
(Suspected infection rate 10x worse)
Mar 28th+
Improved Testing
Hints of Flattening
Global Confirmed Cases: 745,308Global Deaths: 35,307Global Mortality rate: 4.7%Common Flu Mortality rate: @.1%
Daily Cases
Source: John’s Hopkins; https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
United State’s COVID-19 Case History
Improved Testing
Feb 23rd Mar 28th +34 Days+
Confirmed Cases: 144,672Deaths: 2,575Reported infection rate: .044%Suspected infection rate: .442%Mortality rate: 1.8%
(Suspected infection rate 10x worse)
Global Confirmed Cases: 745,308Global Deaths: 35,307Global Mortality rate: 4.7%Common Flu Mortality rate: @.1%
Additional Mortality Rate Comparisons:South Korea: 1.64%UK: 6.29%France: 6.41%Spain: 8.62%Canada: 1.03%Mexico: 2.01%
Daily Cases
Source: John’s Hopkins; https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
April 1st
April 13th
April 20th
May 1st
Leve
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Impa
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*In-Market Testing of Various Therapeutic drugs.
Projected “Fear” Timeline
Typical market swoon as drugs are slower than market expectations to get produced
and distributed.
High
Fea
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igh
Impa
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May 15th
End of CDC’s Order banning gatherings of
50 or more.
Additional proof that therapeutics are working, the virus has some
temperature sensitivity, or containment efforts are working.
March 19th
X
XIncreased testing capacity creates surge in infectious case visibility.
June 30th
* Many different therapeutics are being tested in-market. We don’t have scientific proof that any of them work yet, but some are showing promising results in small sample utilization. Many of the drugs are already authorized for use in fighting Coronavirus. The breakthrough identified here is a result of confirmation that a therapeutic is showing positive results.
Crisis Peaks.
“Second Inning”
Longer term economic “unwinding” keeps fear higher than December
2019 levels.
Feb 14th
Note: the CDC ending of the order was not arbitrary. It was based on scientific factors, foreign models, and historical understanding.
Jan 11th
“Third Inning” X
27th
“Fourth Inning”
“Ninth Inning”
“Seventh Inning”
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Innovation and Recovery Plan
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DEPLOYDISCOVER DEVELOP DEFINE
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Innovation and Recovery Plan
High
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!!Needs!!
Employee & Customer
Engage Team
Personal Contact
Present Findings
Personal Plans
Team Plans
DEPLOY DISCOVER DEVELOP DEFINE
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Econ
omic
Impa
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Innovation and Recovery Plan
High
Fea
r / H
igh
Impa
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orm
alize
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DEPLOYDISCOVER DEVELOPDEFINE
Beliefs & Response
Top Needs
Impact ( + | - )
Priorities
Cadence
Communicate(internal)
Leve
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Econ
omic
Impa
ct
Innovation and Recovery Plan
High
Fea
r / H
igh
Impa
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orm
alize
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DEPLOYDISCOVER DEVELOPDEFINE
Innovate
Holistic Solution
Customer’s Experience
The Story
Train Teams
Launch Marketing
Leve
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Econ
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Impa
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Innovation and Recovery Plan
High
Fea
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Impa
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DEPLOYDISCOVER DEVELOPDEFINE
Customers
Warm / Hot Prospects
Emerging Opportunities
Leve
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Econ
omic
Impa
ct
Innovation and Recovery Plan
High
Fea
r / H
igh
Impa
ctN
orm
alize
d
!!Needs!!
Employee & Customer
Engage Team
Personal Contact
Present Findings
Personal Plans
Team Plans
DEPLOYDISCOVER DEVELOPDEFINE
Beliefs & Response
Top Needs
Impact ( + | - )
Priorities
Cadence
Communicate(internal)
Innovate
Holistic Solution
Customer’s Experience
The Story
Train Teams
Launch Marketing
Customers
Warm / Hot Prospects
Emerging Opportunities
Pioneer iQ: Webinar Series Launches Next Week
• Weekly Economic Data Update for Your Fear & Recovery Curve• Scripts for Customer & Prospect Interviews • Planning Tools and Training
Text: LEADON to 913-270-0033
Next DBIA WebinarTUESDAY, APRIL 7TH 11:00AM-NOON (EDT)
Navigating this Volatile, Uncertain, Complex & Ambiguous World
Brent DarnellBrent Darnell International