decline due to the confrontation with the West (brain
drain, mutual sanctions, restrictions on projects), then
the pandemic, on the contrary, gave incentives for its
development. The transition to remote work for a
huge number of people and institutions required the
IT industry to meet new needs, including those related
to digital solutions (videoconferencing, online
learning, "home office", etc.). Moreover, today we
see people easily and happily using the online
payment for utilities, ordering food, making medical
appointments remotely, and even taking part in
elections or population censuses.
At the same time, the labor market is also
undergoing bad times, not only due to upcoming
reorganization in many sectors in the long term, but
also because companies are in principle hiring fewer
people. Digitalization is not the least, as the pandemic
has revealed many weaknesses in this area and
didactic skills in working with digital platforms.
And while the world's governments are looking
for a way out of the current economic situation,
business leaders are trying to optimize the entire
management system, adjusting to the new realities of
quarantine, self-isolation, and other restrictions.
When it comes to a complex, interdependent
problem, the only way to establish long-term business
sustainability is to focus on strategies optimizing the
entire system rather than damaging parts of it
(Hidalgo, Rodrigues-Vega, Perez-Fernandez, 2021).
As an example, many employers have taken
comprehensive measures that focused not only on
keeping their teams healthy and preventing the spread
of coronavirus but also on increasing business
sustainability and profits. They decided to pay each
employee a percentage of his/her salary for three (or
more) months after the restrictive measures were put
in place (Odegov, Razinov, 2021). This has helped
them retain talented, hard-working employees, and in
turn has given employees the financial security of
being able to pay bills and buy the basic necessities
of life while being "sheltered" locally. Such responses
have increased employees' confidence in their
management, giving a sense of their health gain due
to such strategy as the employer continues to support
them with a guaranteed and stable salary.
Strategy and management activities based on a
system approach are strengthened when critical data
are generated and understood (Vyachin, 2007). In real
life, we generate data that relate to individual parts of
the system. An interdependent system (pandemic)
involves sharing and processing data from the entire
system so that each participant can access important
information for individual, unique adaptation, and
modernization. That is, data helps not only make
better decisions, but also improves the efficiency of
the entire system, particularly the business. As an
example, the companies (mostly Asian) which
managers used reliable data to develop strategies to
protect the health of their employees. Even in the
early stages of the pandemic, with government
support, they conducted extensive testing to
understand the scale of the problem in their countries.
To do so, they used a variety of data, including data
from social media, and tracked contacts to understand
how the infection was spreading among staff (Ting,
Ling, Cheah, 2020). The lack of such data in other
companies resulted in weak strategies to protect the
health of staff (and the population as a whole) and a
much less effective response, which affected business
success and growth accordingly.
But it is not always possible to implement such
measures due to various circumstances. Therefore, to
ensure that management decisions are implemented
properly and for the benefit of the organization, in
addition to a systematic approach, it is necessary to
introduce a value-based approach, which at least will
increase the level of confidence in the management.
3.3 Values of the Manager
To be sure, the coronavirus pandemic places
extraordinary demands on managers in the business.
The extent of the outbreak and its unpredictability
make it difficult to respond, causing disorientation, a
sense of loss of control and severe emotional burnout.
But when managers' reactions to a crisis are value-
based, they create a common sense of purpose across
the team. In other words, personal and professional
values that support managers' actions in the face of
adversity become the driving basis for management
decisions that will protect employee health, sufficient
productivity, and the financial stability of the
business.
Here, among other things, honesty comes first.
That is, managers must speak openly about the
existing crisis, which did not come suddenly, but
grew out of circumstances concealing its nature. To
see the slow-growing crisis for what it may become,
managers need to overcome the normalcy bias that
can cause them to underestimate both the possibilities
of the crisis and its consequences.
Next is empathy. Strong empathic responses are
especially important in those moments when life
literally hangs in the balance. Responses in which the
managers acknowledge the existence of "illness," the
possible effects of social constraints related to work
and relationships, show a close connection to the
team, as does a personal appreciation for the