April 2020 Component Manufacturing Advertiser

Page 47

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Component Manufacturing dverti$er

Don’t Forget! You Saw it in the

Adverti$er

April 2020 #12249 Page #47

COVID-19 – Was This in Your Risk Analysis?

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very astute business owner has a risk analysis with plans to mitigate those risks. Within the Component Manufacturing industry, elements such as housing downturn, hacking of systems, machine failings, and staff safety concerns would generally make up the topics. I’d put money on the fact that NO plans had worldwide pandemic at the top of the list. But COVID-19 (Coronavirus) has demonstrated that, even when you plan and mitigate risks, at times it may not be enough. We have all been caught off-guard!

Ed Serrano, Managing Director, VektaUSA

Who could have foreseen the mass hysteria, fear, and anxiety that not just America but the world is now experiencing. Supermarket shelves empty, toilet paper and sanitizer sold out everywhere, schools closing, and a medical system in panic. Let’s put aside political feelings and thoughts on closing borders, imposed isolation, and states of emergency being called. Instead, let’s focus on the actions that need to be taken now. A few weeks ago (pre-pandemic), Vekta undertook a strategic planning session. One important topic we covered was our values – What do we as a company value? What do we want to be known for in the industry? It has been these values that we have used to guide and inform our decisions regarding actions during this pandemic.

Make it safe Soap, hand sanitizer, paper towels, disinfectant, masks – whatever is needed, we have gone through all avenues to ensure that our team has access to what will keep them safe. Vekta’s engineering and administration staff have all been asked to work from home and have been provided with the necessary tools to do so, including laptops, teamviewer, video conference meetings, and headsets. Team members are required to complete a “Working from Home” checklist to ensure that their new working environment is safe and adheres to the occupational health and safety levels that are required – an important point for workers compensation insurance. If we can take actions to help people feel safe and they know we are doing everything we can, then hopefully some of the fear and anxiety will decrease.

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