Tammy Jersey, President, TKJ Associates, was one of the panelists participating in the Palisades Institute forum on “The Impact of COVID-19 on Women in Business and Its Implications for the Future.”
The Palisades Institute held a Zoom panel discussion on 鈥淭he Impact of COVID-19 on Women in Business and Its Implications for the Future鈥� on March 10, 2021, as part of its continuing series on the pandemic鈥檚 wide-ranging effect on businesses.
Ivan Rudolph-Shabinsky, Director of the Business Administration Division at 黑料吃瓜网 College and co-moderator of the event, said that the pandemic is creating a so-called 鈥渟hecession.鈥澛犅犫�淚t鈥檚 hit women harder than previous recessions.聽 When you look at every previous recession — it鈥檚 impacted financial markets; it鈥檚 impacted the goods-producing sectors where men have historically held the majority of jobs,鈥� he said. 鈥淭his pandemic has impacted pretty much the service sector most severely and that鈥檚 a sector that鈥檚 over-represented by women, so they鈥檝e been hit in a big way there.鈥� Rudolph-Shabinsky added that women have also been forced out of the workforce or had to adjust their work because of caregiving responsibilities for children.
The panelists all agreed that companies and businesses have had to be flexible and responsive to operate successfully through the pandemic.聽 When it comes to lessons we鈥檝e learned, Tammy Jersey, President, TKJ Associates said, 鈥淚 think one of the most important things that companies have started to do, and need to continue doing, is be open to new ways of operating, which means being willing to be flexible, being willing to hear new ideas and experiment with them, and to remove responses that might have been there in the past, like 鈥榥o,鈥� and 鈥業 can鈥檛,鈥� and 鈥榖ut.鈥欌��
Other panelists included Susan Gerard, Director, Human Resources, SUEZ North America, and Kate Wysokowski, Regional & Community Affairs Manager, Orange & Rockland.