COVID-19 Resources
In an effort to help the members of ALDA manage the many issues related to the current COVID-19 crisis, we will provide real-time support by facilitating discussion, and serving as a repository for relevant documents, templates, and communications for our members to share with each other.
COVID-19: ALDA responds to the crisis and the resulting impact on our members and their businesses
ALDA is committed to providing the most valuable and relevant information to our members; if you have any resources or tools that we should add to this page—or if you just want to share general ideas & feedback—please email covid19@thealda.org.
Back to Work Collaborative: Join Us!
Building on the momentum of our Operations and Human Resources Collaboratives—designed to help ALDA member companies navigate the COVID-19 crisis in these critical functional areas—ALDA launched our Back to Work Collaborative on June 24, combining these groups and other key areas focused on getting our members back to work and back to business.
Topics and speakers will change each session based on feedback from the group and top-of-mind issues.
The BTW Collaborative meets every other Wednesday and is free to all members.
Email Carol Starke (CStarke@thealda.org) for the details and the link to register.
Human Resources
Basecamp
ALDA has created Basecamp groups for these Collaboratives to interact in between calls. Basecamp will remain open as we transition to the Back to Work Collaborative.
- You can ask questions as well as share files, links & resources in the discussion area.
- You can also share files in the “Docs & Files” section.
- We also have the schedule for the weekly calls available in the “schedule” section
Contact covid19@thealda.org to get more information and join the group.
Bob Howie with Fox Rothschild presentation shared with the HR Collaboratives
Families First Coronavirus Response Act — An Overview
The IRS just issued these Q&As for how to implement the tax credit for paid sick leave and enhanced FMLA.
COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses FAQs
This link from an employment law firm provides background and an overview on the recent Families First Act, and has more detailed information in their recorded webinar.
Federal Law to Mandate Paid Sick Leave, Enhanced Unemployment for Workers Affected by Pandemic
See How all 50 States are Reopening:
https://www.nytimes.com/interactive/2020/us/states-reopen-map-coronavirus.html
Operations
Basecamp
The purpose of the Basecamp teams is to enable ALDA Collaborative members to interact between our weekly calls. Basecamp will remain open as we transition to the Back to Work Collaborative.
- You can ask questions as well as share files, links & resources in the discussion area.
- You can also share files in the “Docs & Files” section.
- We also have the schedule for the weekly calls available in the “schedule” section
Contact covid19@thealda.org to get more information and join the group.
Center for Disease Control
- CDC updated interim guidance for business here
Marketing and Sales
The Alexander Group
This video discusses the four areas of focus for Life Sciences leaders in 2020 and how to manage through the current COVID-19 crisis.
Life Sciences: 2020 Revenue Growth Predictions
Steven Van Belleghem
A dynamic speaker, who spoke at our Marketing & Sales Executives Meeting a couple of years ago, has been asking himself how this COVID-19 crisis is impacting customer experience. What do customers expect during a crisis like this? And perhaps even more importantly, what are their expectations for when this crisis is over?
Customer Experience During & After the Coronavirus Crisis
Paul Rhoda, Revenue Partner
The second in our series of Marketing & Sales Webinars, Mr. Rhoda addressed leadership and development in response to the coronavirus crisis.
Hamid Ghanadan and Kristin Apple, The Linus Group
Hamid and Kristin shared the results of The Linus Group’s recent baseline study of over 350 life science professionals on the impact of COVID-19 in the industry. They received tremendous response and want to share the results during the webinar.
State & Local Legislative Impact
Stateside is tracking bills related to COVID-19. Over 60 bills have been introduced in 14 states and the District of Columbia on a number of issues including but not limited to:
- waiving cost-sharing requirements,
- paid sick leave and worker protections,
- appropriations request, and
- expanding the power of the Governor.
Over 290 executive actions have been issued in 50 states, Puerto Rico, and the District of Columbia. This link gives you a state-by-state breakdown.
Resources & Business Articles
Your Business
- Small Business Administration | Coronavirus (COVID-19): Small Business Guidance & Loan Resource
- Harvard Business Review | Communicating Through the Coronavirus Crisis
- Harvard Business Review | Lead Your Business Through the Coronavirus Crisis
- Inc. | The Essential Guide to Business Continuity
- Forbes | The Impact Of Coronavirus: Advice for Funded Small Businesses and Those Seeking Funding
- Forbes | Facebook Announces $100 Million Grant Program for Small Businesses Being Impacted by Coronavirus
- National Venture Capital Association | Resources for Venture-backed Businesses
- “Updates on the CARES Act” | A webinar hosted by ALDA on May 6 and presented by King & Spalding, an international law firm. To access this recording, email cstarke@thealda.org.
- Paycheck Protection Program: The U.S. Department of Treasury. The U.S. Department of Treasury shared new information regarding the Paycheck Protection Program. A top-line overview of the program can be found here. If you’re a potential borrower, more information can be found here.
Your Employees
- Occupational Safety and Health Administration (OSHA) | COVID-19 Overview
- Occupational Safety and Health Administration (OSHA) | Guidance on Preparing Workplaces for COVID-19
- Harvard Business Review | A Guide to Managing Your (Newly) Remote Workers
- Inc. | What Employees Need Most During the COVID-19 Pandemic
Yourself
- McKinsey & Company | Leadership in a crisis: Responding to the Coronavirus Outbreak and Future Challenges
- Forbes | 5 Ways to Demonstrate Leadership in Times of Crisis
- Harvard Business Review | Slow Down to Make Better Decisions in a Crisis
- Harvard Business Review | Managing the Stress and Uncertainty of Coronavirus (Podcast Episode)
- Entrepreneur | 5 Tips for Small Business Stress Management
- Entrepreneur | Successful Leadership Tactics in a Time of Crisis
- CFO | Crisis Management: The Overlooked Leadership Skill
ALDA is committed to providing the most valuable and relevant information to our members; if you have any resources or tools that we should add to this page—or if you just want to share general ideas & feedback—please email covid19@thealda.org.
A Letter to Our Members
Dear ALDA Members,
The past few months have been challenging times for all of us. That said, this unprecedented crisis has also provided a unique opportunity for us as ALDA members to pivot together. From individual relationships forged through membership in this association, to active participation in learning and collaborative opportunities provided by ALDA, there has never been a more critical time to be a part of this association.
Over the course of the past few months, ALDA has
- Hosted weekly collaborative meetings for our members’ Operations and Human Resources leaders, sharing best practices and ideas on navigating stay-at-home orders and on return-to-work protocols.
- Heard directly from former FDA Commissioner Scott Gottlieb in a members-only Q&A webinar focused on his roadmap to recovery
- Received updates and guidance from McKinsey & Company experts focused on navigating the crisis
- Moved our sales & marketing conference online as we all learned to pivot our strategies in a virtual and digital world
- Taken deep dives into funding provisions in the Cares Act from legal experts
Our resolve as individual organizations and collectively as an industry has never been stronger. It has been empowering and inspiring to engage with our fellow members and learn from one another as we continue to adapt and evolve during these uncertain times.
Over the next year, we plan to continue to deliver timely, insightful content and unique networking opportunities adapted to the unique times. We’re forced to pivot this year, and we’re embracing the opportunity and providing more value than ever. Events and programming will include:
- Senior Executive Webinar Series: Two hour high-value, topical content aimed at executive leadership held every 6 to 8 weeks, similar to the recent Gottlieb/McKinsey session. On June 17, Bank of America Merrill Lynch will share insights on the global economy, and the Linus Group will discuss how research lab customers are returning to work.
- Virtual Fall Senior Management Conference: In light of the current pandemic, we are shifting to a virtual event. Our entire program focused on Artificial Intelligence will be delivered online starting on Thursday, September 17 and continuing for three consecutive Thursdays. The full schedule is available here.
- Board-hosted Networking Events: ALDA prides itself on its best-in-class networking opportunities, and this year will be no different. We are rolling out unique, intimate networking opportunities for our members that will take place for the rest of 2020. ALDA board members will be hosting customized small-group events, in-person and virtually, starting in September. For example, Brad Gray with plans to host a virtual roundtable on the experience of taking a company through IPO, and Patrick Kaltenbach plans to lead a Bay Area hike. There will be lots of variety and options to choose from, and more information to come in July. We’re really looking forward to this!
Everything mentioned above comes at no additional cost to your membership. All ALDA members are invited to participate in every activity mentioned; there will be no registration fees. Your membership must be active in order to register and participate.
We are planning to return to larger in-person engagements & meetings in early 2021, including our Spring Senior Executive Conference in Boston, May 2-4.
We appreciate and value your continued membership in ALDA; as we have proven, we are stronger together. Membership in this association has never been more critical or vital. We look forward to continuing to grow and evolve with you.
Sincerely,
Brad Gray
ALDA Chairman
President & CEO
NanoString Technologies
Patrick Kaltenbach
ALDA Chair-Elect
Executive Vice President, President of Life Sciences
BD Biosciences
Mike Copps
President & CEO
ALDA