LOOK BACK:
Standard Oil of Ohio’s century-plus history starts with industry titans and ends with the loss of a company headquarters. PAGE 22
CRAINSCLEVELAND.COM I March 23, 2020
THE CORONAVIRUS
NEO BEGINS TO COPE WITH COVID-19 Banks account for pandemic’s many impacts Ohio branches are modifying services BBY JEREMY NOBILE
Armed with pandemic response plans and deeper capital reserves than during the 2008 financial crisis, the banking system is beginning to adjust to a world battling COVID-19 — and figuring out its place in the fight. Banks in Ohio last week began implementing “modified” branch services as health officials promote social distancing to prevent the spread of illness. Lobbies are being closed to the public with customers only allowed in by appointment, like if someone needs to sign a loan document or access their safety deposit box. Some, like Citizens Bank, are reducing their business hours, though. Drive-thrus remain open. Customers are being encouraged to use those and other methods in lieu of dealing with a banker over the counter, including ATMs, internet and mobile options. Call centers remain open. And banks aren’t generally expecting to lay anyone off due to the changes, said James Thurston, spokesman for the Ohio Bankers League. Most banks large and small in the state have made these tweaks — which are on top of common-sense hygienic behaviors all people and businesses are directed to abide by nowadays — or will roll out similar protocols in the coming days. Some standalone branches without drive-thrus may close, as well as in-store branches, for banks and credit unions alike. Huntington Bank CEO Steve Steinour said that while the firm’s Giant Eagle stores would be shutting down during the outbreak, an employee will be on hand for a period of time to direct banking customers to another branch or guide them through banking via the ATMs.
DO’S AND DON’TS OF WORKING FROM HOME
For many of you, the social distancing forced by the coronavirus emergency means it’s the first time you’ll be working at home for an extended period. Here are some tips to ease that transition. Learn teleconferencing etiquette: The mute button is your friend, especially in a house full of kids, a partner also working from home or noisy pets. Don’t fear the webcam; videoconferencing can offer visual clues as to how ideas are accepted, but do make sure there’s nothing in your camera’s view that you wouldn’t want to share with a colleague or customer.
Start and end your day with a routine: Getting dressed, eating breakfast or taking a brisk walk before diving in can help you focus. An after-work routine (think coffee or glass of wine, or another walk outside) is a critical signal that the workday is over and homelife begins. Maintain a dedicated workspace: Establish a tangible boundary to maintain the separation between work time and home time, and so that you don’t waste energy getting physically set up every day.
Take breaks; allow for personal time: Set an alarm or timer to remind you that it’s time to get up, stretch, grab a coffee, leave the house or head to the kitchen. Your eyes and your brain need those short moments away. If your job responsibilities allow, turn email notifications off overnight.
Use a VPN: S ome employers have their own VPNs for remote use, but if yours doesn’t, VPN software is readily available and a good security precaution for both work and personal data.
Maintain relationships: At the office, you’d take a few minutes here or there to chat with your coworkers. Keep that going via social media, Slack or some other means of staying in touch. Minimize online time: While social media is a great way to keep tabs on friends, family and colleagues, remember to carve out a small period to deliberately disconnect. Close the laptop. Turn off the phone. Studies show too much social media is bad for mental health, after all. Manage expectations: Understand that there will be a learning curve with new communication tools, virtual meetings, rethinking paths to access to information and the like. Be clear about what can be accomplished from home. Overcommunication is key. Finally, be candid about what works, what doesn’t and what you need to get the job done.
DAVID KORDALSKI/CRAIN’S CLEVELAND BUSINESS
See BANKING on Page 18
NEWSPAPER
VOL. 41, NO. 11 l COPYRIGHT 2020 CRAIN COMMUNICATIONS INC. l ALL RIGHTS RESERVED
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Hospitals get ready for surge of patients Officials are looking for ways to maximize resources and staff BBY LYDIA COUTRÉ
Northeast Ohio hospitals are preparing for a potentially significant surge in patient volumes as COVID-19, a disease caused by a new coronavirus, spreads, upending the way of life for Ohioans and others around the world. Public health officials stress the importance of “flattening the curve” — essentially spreading out over time the number of patients needing hospitalization so as to not overburden the health care system with an unmanageable rush of patients. “We can take care of a lot of people, but all the health care industry has a limited ability to take care of lots and lots of people all on the same day,” said Dr. Robert Wyllie, Cleveland Clinic’s chief of medical operations. “We have a lot of ability to care for people over time.” Ohio has taken a series of dramatic steps to help slow the spread of COVID-19, including postponing the primary election, limiting bars and restaurants to delivery and carry-out, closing schools, banning mass gatherings of more than 100 people, closing hair and nail salons, and tattoo parlors — the list continues to grow. Still, the number of Ohioans testing positive is rising. And area hospitals are taking steps to be best prepared for a huge influx in need. “The math isn’t good on this, and we’ve gotta help reduce the mathematics,” said Lyndean Brick, president and CEO of Chicago-based health care consulting firm Advis. “We’ve gotta reduce the number of infected people, and we’ve gotta draw this out so that the health care system can manage this. And we’ve gotten very creative about how we’re doing this.” See HOSPITALS on Page 18
Rapid response: COVID-19 is changing how every business, government and nonprofit operates. PAGE 2 Education: Research goes remote at NEO universities. PAGE 6
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