It’s impossible to ignore the extent to which our lives, networks and industries have changed in the past few, long weeks. COVID-19’s impact has been swift, and the situation remains emergent, evolving by the day. At Silicon Foundry, we’ve been tracking the developments closely and in concert with our Members. Our team is focused on constructing immediate actionable solutions for our Members to navigate the unexpected by adjusting to new priorities, mitigating challenges and sourcing opportunities. Across the board, we’ve seen innovation drive crisis responses, from startups adapting their product roadmaps to corporations repurposing their manufacturing facilities to meet the most pressing societal needs. We’re inspired by the ways the tech industry has - and will continue - to tackle this global pandemic, which is why we’re dedicating this latest Frontline issue to COVID-19-related content. From our team to yours, we hope you, your families and colleagues take care during this uniquely challenging period. |
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During this extraordinary time, executives across industries are facing unprecedented challenges and having to make bold moves to withstand forceful headwinds that may change business as we know it. From manufacturing pivots to new platform solutions, we’ve created a real-time tracker of how today’s largest corporations are responding to the COVID-19 crisis.
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ESTEE LAUDER STARTS MAKING HAND SANITIZER
Estée Lauder is contributing to efforts to relieve the hand sanitizer shortage by reopening a New York factory to manufacture the highly sought-after product for high-need groups and populations.
(The Cut) |
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FORD BUILDS VENTILATORS AT MICHIGAN FACTORY
Ford Motor Co. and GE Healthcare have licensed a ventilator design from Airon and plan to produce as many as 50,000 by July as part of a broader effort to provide a critical medical device used to treat people with COVID-19.
(TechCrunch)
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DELTA DONATES 200,000 LBS OF FOOD
Delta is providing more than 200,000 pounds of food to hospitals, community food banks and other organizations around the world to support people in need as well as those working tirelessly on the front lines of the COVID-19 pandemic.
(Delta)
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MEDC PROVIDES GRANTS TO SMALL BUSINESSES
MEDC has launched a new grant program to provide a total of $1M in grants to Michigan’s small manufacturers looking to retool and produce critical health and human service supplies in response to the COVID-19 outbreak.
(Michigan Business)
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Managing Director & Senior Partner, BCG |
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"Companies are interested in having a coordinated and rapid response for their operations, people and systems." |
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Zia Yusuf is a senior member of BCG's Global Technology, Media and Telco Practice, Global Head of IoT and BCG's lead for Silicon Valley. He shares with us insights from his decades of experience as an intrapreneur, how he’s seeing companies respond to COVID-19 and the way this global pandemic has brought BCG and its clients closer together.
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Chief People Officer, LoveToKnow Media |
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"Companies moving to remote work out of necessity need to view this as a new way to do business, not a temporary problem." |
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Barbie Brewer is the Chief People Officer of LoveToKnow Media, a remote company with employees in seven countries, and owner of TNT Consulting (Talent in Tech), a firm that specializes in remote work and aims to help companies build dynamic remote teams. Barbie built her career at IBM, Cisco and Netflix before embracing the world of remote work when she joined GitLab, an all-remote company with over 1,000 team members in over 50 countries.
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A remote hello from the Foundry team. |
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This crisis has had a particularly devastating impact on local businesses and service providers. Now, more than ever, it’s important that we show up for our communities. At Silicon Foundry, every member of the team received a #heartlocal allowance to spend at their beloved neighborhood providers, such as restaurants, daycare providers and dog walkers. So far, we’ve observed that #heartlocal offers so much more than a positive economic impact; it also brings our communities closer together through a powerful gesture of solidarity.
We are sharing in hopes that our #heartlocal initiative might inspire others to find similar ways to support their local businesses and service providers in this critical time of need.
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Techstars COVID-19 Startup Weekend
Dates vary by country
Join Techstars for an Online Startup Weekend focused on COVID-19. Calling all developers, designers, marketers, doctors, scientists and anyone with an idea to tackle the challenges created by this global pandemic. Register here to join forces with thousands of people from dozens of countries in the fight against COVID-19.
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Bill Gates Talks About Coronavirus, What Leaders Must Do, and More
This is Working
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Five Predictions For What Coronavirus Means For Innovation Leaders
Forbes
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How To Reopen Factories After COVID-19
Economist
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Techstars Advice For Startups In An Economic Crisis: COVID-19
Techstars
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The Coronavirus Pandemic Is Reshaping Education
Quartz
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COVID-19 and the New Leadership Agenda
BCG
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How to Protect Your Workforce During the COVID-19 Pandemic
BCG
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Webinar: COVID-19 Crisis & Funding Opportunities
GCVI
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