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Verizon CEO Hans Vestberg shares his COVID-19 strategy and tactics

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Verizon CEO Hans Vestberg shares his COVID-19 strategy and tactics

This week, Verizon Communications CEO Hans Vestberg joined us for an episode of Extra Crunch Live.

Vestberg is main the corporate via the midst of 1 its greatest rollouts up to now with the push into 5G connectivity. In our dialogue, he spoke about how he’s managing the group throughout this international disaster, his ideas on earn a living from home and acquisition technique, and the methods during which 5G will change the way in which we work and dwell.

(Disclosure: Verizon Communications is TechCrunch’s father or mother firm.)

Extra Crunch members can take a look at a partial transcript of the dialog (edited for size and readability) or watch it in its entirety through YouTube video beneath.

Extra Crunch Live options a few of the brightest minds in tech and VC, together with Aileen Lee, Roelof Botha, Kirsten Green and Mark Cuban. Upcoming episodes will embrace Aaron Levie from Box, GGV’s Hans Tung and Jeff Richards, Eventbrite’s Julia Hartz and others. Extra Crunch members can submit inquiries to audio system in actual time, so please enroll right here in case you haven’t already.

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His preliminary response to information of the lockdown

We’re a big firm with 135,000 staff in 70 completely different nations across the globe. So, in fact, we had an early warning when it began really in Asia. We have staff in Asia, so we acquired the sensation that this could possibly be actually critical. It was early within the first week of February, we moved to the best emergency or disaster degree within the firm. That signifies that we go to a sure disaster mode on how we organized and the way we galvanized the corporate.

That’s often put into place each time there’s a large nationwide catastrophe as a result of that you must cut up between folks caring for the disaster and other people caring for working the enterprise. So we have been very early on with that. In the start of February, we began the emergency disaster operations middle that was caring for worker questions and prioritization of essential issues. At the identical time, we continued to run the enterprise. That was the very first thing we did very early on.

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Upcoming Extra Crunch Live episodes embrace discussions with Aaron Levie from Box, GGV’s Hans Tung and Jeff Richards, and Eventbrite’s Julia Hartz.

The different factor we did very early on is that we understood that this was one thing unprecedented. I imply, you have got been in disaster earlier than. I imply, I’ve been within the telecom disaster, and we’ve been within the banking disaster when all the pieces simply went growth. This is one thing completely completely different. You can’t use any of your historic expertise with regards to this pandemic, which really impacts every one among us with regards to well being. So I used to be sincere, and thought that they’re going to be numerous questions. We determined very early on to run our midday dwell webcast to our staff. We are on our… I feel it’s the 11th week, the place at midday daily, we run the webcast for all our staff. That was two of the primary issues we did.

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We didn’t suppose we have been going to run for 11 weeks on the brand new dwell webcast, however we now have executed it as a result of we see there’s an excellent software to speak with all our staff.

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