{"id":3000054745,"date":"2022-03-15T10:06:41","date_gmt":"2022-03-15T14:06:41","guid":{"rendered":"https:\/\/www.wework.com\/ideas\/?p=3000054745"},"modified":"2022-03-15T10:06:42","modified_gmt":"2022-03-15T14:06:42","slug":"five-leadership-lessons-from-the-ukraine-crisis","status":"publish","type":"post","link":"https:\/\/www.wework.com\/ideas\/research-insights\/expert-insights\/five-leadership-lessons-from-the-ukraine-crisis","title":{"rendered":"Five leadership lessons from the Ukraine crisis"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><em>This article originally appeared in&nbsp;Korn Ferry<\/em> <em>as &#8220;<a href=\"https:\/\/www.kornferry.com\/insights\/this-week-in-leadership\/ukraine-5-leadership-moves\">Ukraine: 5 Leadership Moves<\/a>.&#8221;<\/em><\/p>\n\n\n<div data-block_622f780faf5f8 class=\"toc align toc-block\">\r\n      <div class=\"toc-block__heading\">in this story<\/div>\r\n  \r\n      <ul class=\"toc-block__list\">\r\n          <li class=\"toc-block__list-item\">\r\n        <a href=\"#ensure-that-your-employees-are-ok\" class=\"toc-block__link\">\r\n          Ensure that your employees are\u00a0OK\r\n          <span class=\"toc-block__icon\">\r\n            <?xml version=\"1.0\" encoding=\"UTF-8\"?>\r\n<svg width=\"16px\" height=\"16px\" viewBox=\"0 0 16 16\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\r\n    <title>FD8B74A2-3372-42BA-99CD-BCC6C3C6EA13@1x<\/title>\r\n    <defs>\r\n        <filter id=\"filter-1\">\r\n            <feColorMatrix in=\"SourceGraphic\" type=\"matrix\" values=\"0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 1.000000 0\"><\/feColorMatrix>\r\n        <\/filter>\r\n    <\/defs>\r\n    <g id=\"Iconography\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\r\n        <g id=\"icon\/arrow-down\/outline\/16\">\r\n            <rect id=\"Bounding-box\" x=\"0\" y=\"0\" width=\"16\" 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       <script id=\"nf-tmpl-cell\" type=\"text\/template\">\r\n            <nf-fields><\/nf-fields>\r\n        <\/script>\r\n\r\n        <script id=\"nf-tmpl-row\" type=\"text\/template\">\r\n            <nf-cells><\/nf-cells>\r\n        <\/script>\r\n\r\n        \n\n\n<h2  id=\"ensure-that-your-employees-are-ok\"class=\"wp-block-heading\"><strong>Ensure that your employees are&nbsp;OK<\/strong><\/h2>\n\n\n\n<p>Safety, of course, trumps anything else, experts say.&nbsp;Some companies have&nbsp;chartered&nbsp;flights&nbsp;to get employees&nbsp;and their families&nbsp;away from the region.&nbsp;Others&nbsp;have transferred employees to different offices. Leaders are also taking multiple actions to aid employees who can\u2019t get out of the region, including using connections to deliver food and medical supplies.&nbsp;Some have bought satellite phones for employees in regions that have lost power.&nbsp;<\/p>\n\n\n\n<p>A few firms have moved beyond safety to ensure that impacted employees can eventually resettle.&nbsp;They are&nbsp;printing out and storing documents, such as employment agreements, identification records,&nbsp;or real estate&nbsp;papers,&nbsp;giving these employees one less thing to be anxious about.<\/p>\n\n\n\n<h2  id=\"get-up-to-speed-on-geopolitics\"class=\"wp-block-heading\"><strong>Get up to speed on geopolitics<\/strong><\/h2>\n\n\n\n<p>CEOs and board directors are paid to be risk managers, but outside of commodities-related businesses, most leaders in recent years could get by with only a basic understanding of&nbsp;Cold War-esque geopolitical risk. That period is over, experts say. A new era has started that, pending quick resolutions, could last for months or years.&nbsp;<\/p>\n\n\n\n<p>As many did with COVID-19, leaders will need to consult outside experts this time, selecting analysts&nbsp;with backgrounds in economics and international relations&nbsp;rather than public health and safety.&nbsp;Importantly, leaders should not just be fixated on what\u2019s going on now but instead asking about the potential future consequences of current events, says&nbsp;<a href=\"https:\/\/www.kornferry.com\/about-us\/consultants\/denniscarey\">Dennis Carey<\/a>, a vice chair of Korn Ferry\u2019s&nbsp;<a href=\"https:\/\/www.kornferry.com\/functions\/board-ceo-services\">Board &amp; CEO Services<\/a>&nbsp;practice. \u201cGetting a sense of what might happen will give leaders the ability to make more strategic decisions on future investments,\u201d he says.&nbsp;<\/p>\n\n\n\n<h2  id=\"decide-what-to-do-about-business-in-the-region\"class=\"wp-block-heading\"><strong>Decide what to do about business in the region<\/strong><\/h2>\n\n\n\n<p>Numerous companies have put their business with Russia on hold&nbsp;or are closing factories in Ukraine. For some companies, the decision is easy. But it\u2019s a far more difficult decision for others, particularly consumer-product firms that both employ and sell to ordinary citizens in the region.&nbsp;Cutting employees off may not be an option. \u201cIf you have thousands of people on the ground, denying them their livelihood isn\u2019t&nbsp;a&nbsp;humanitarian&nbsp;response,\u201d says&nbsp;<a href=\"https:\/\/www.kornferry.com\/about-us\/consultants\/juan-pablo-gonzalez\">Juan Pablo Gonz\u00e1lez<\/a>, Korn Ferry senior client partner and leader of the firm\u2019s&nbsp;<a href=\"https:\/\/www.kornferry.com\/industries\/technology\/professional-services-consulting\">Professional Services<\/a>&nbsp;practice.<\/p>\n\n\n\n<p>A possible option: Suspend or cancel&nbsp;business while continuing to pay employees for a time,&nbsp;Carey&nbsp;says.&nbsp;It\u2019s also important to&nbsp;communicate with those employees and offer an objective source of information, something that they might not be getting from media outlets in the region.&nbsp;\u201cMaintain communication&nbsp;and let&nbsp;them know what the rest of the world knows,\u201d Carey says.<\/p>\n\n\n\n<p>Companies most likely are also going to have to state a position one&nbsp;way or another, experts say, because their stakeholders are demanding one. \u201cEmployees are speaking very loudly to their&nbsp;management&nbsp;teams&nbsp;about this,\u201d says&nbsp;<a href=\"https:\/\/www.kornferry.com\/about-us\/consultants\/tierneyremick\">Tierney Remick<\/a>, vice chair of Korn Ferry\u2019s&nbsp;<a href=\"https:\/\/www.kornferry.com\/uk\/solutions\/talent-acquisition\/board-and-ceo-services\/board-services\">Board &amp; CEO Services<\/a>&nbsp;practice.&nbsp;<\/p>\n\n\n\n<h2  id=\"adjust-supply-chains-and-cost-forecasts-as-needed\"class=\"wp-block-heading\"><strong>Adjust supply chains&nbsp;and cost forecasts&nbsp;as needed<\/strong><\/h2>\n\n\n\n<p>While Russia is a major exporter of&nbsp;oil, natural gas,&nbsp;copper,&nbsp;and other minerals, and both Russia and Ukraine are major suppliers of corn and wheat, not many&nbsp;US-based firms have their most important suppliers based in either country. However, experts say, companies have countless smaller suppliers\u2014or suppliers to their suppliers\u2014that have operations in those countries&nbsp;in particular and&nbsp;Eastern Europe in general. Companies should already have been monitoring this, says&nbsp;<a href=\"https:\/\/www.kornferry.com\/about-us\/consultants\/cheryl-dcruz-young\">Cheryl&nbsp;D\u2019Cruz&nbsp;Young<\/a>, a Korn Ferry senior client partner who specializes in recruiting chief procurement officers. \u201cResiliency will be tested once again,\u201d she says.&nbsp;<\/p>\n\n\n\n<p>Much as they did during the initial waves of COVID, supply chain leaders should be searching for alternative suppliers of essential materials. That might mean shifting personnel around the world, as some suppliers close while other outlets open.&nbsp;The conflict also will almost certainly continue to push some commodity prices higher,&nbsp;D\u2019Cruz&nbsp;Young says. Firms should be reevaluating their price forecasts; ultimately leaders&nbsp;also have to decide&nbsp;whether to eat those cost increases or try to pass them along to customers.&nbsp;<\/p>\n\n\n<div class=\"related-articles-sticky related-articles-sticky--sticky-on-desktop\">\r\n        <div class=\"related-articles-sticky__holder\">\r\n            <div class=\"ray-grid\">\r\n                <div class=\"ray-grid__cell--span-full\">\r\n                    <div class=\"related-articles-sticky__header-wrapper\">\r\n                        <h3 class=\"ray-text--h3 related-articles-sticky__block-title\">\r\n                            Related articles\r\n                        <\/h3>\r\n                    <\/div>\r\n                    <div class=\"related-articles-sticky__wrapper\">\r\n                        \r\n                            <div class=\"related-articles-sticky__item\">\r\n                                <div class=\"related-articles-sticky__image-wrapper\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/growth-innovation\/an-rto-approach-that-works-the-experts-weigh-in\" class=\"ray-image ray-image--1by1\">\r\n                                        <img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"4970\" height=\"3727\" src=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2026\/02\/Web_150DPI-TL_xr1vaq.jpg?resize=4970%2C3727\" class=\"related-articles-sticky__image\" alt=\"Ideas\" srcset=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2026\/02\/Web_150DPI-TL_xr1vaq.jpg?w=4970 4970w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2026\/02\/Web_150DPI-TL_xr1vaq.jpg?w=1536 1536w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2026\/02\/Web_150DPI-TL_xr1vaq.jpg?w=2048 2048w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2026\/02\/Web_150DPI-TL_xr1vaq.jpg?w=3000 3000w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>\r\n                                    <\/a>\r\n                                <\/div>\r\n                                <div class=\"related-articles-sticky__container\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/growth-innovation\/an-rto-approach-that-works-the-experts-weigh-in\">\r\n                                        <div class=\"related-articles-sticky__caption-title\">\r\n                                            An RTO Approach that Works: The experts weigh in\r\n                                        <\/div>\r\n\r\n                                        <div class=\"author\">\r\n    By\r\n    WeWork\r\n  <\/div>\r\n                                    <\/a>\r\n                                <\/div>\r\n                            <\/div>\r\n                        \r\n                            <div class=\"related-articles-sticky__item\">\r\n                                <div class=\"related-articles-sticky__image-wrapper\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/research-insights\/unlocking-the-future-of-the-legal-workplace\" class=\"ray-image ray-image--1by1\">\r\n                                        <img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"4326\" height=\"2884\" src=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/09\/Web_150DPI-20210212_368_8th_Ave_11th_Fl_Office-4-1.jpg?resize=4326%2C2884\" class=\"related-articles-sticky__image\" alt=\"gated piece\" srcset=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/09\/Web_150DPI-20210212_368_8th_Ave_11th_Fl_Office-4-1.jpg?w=4326 4326w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/09\/Web_150DPI-20210212_368_8th_Ave_11th_Fl_Office-4-1.jpg?w=1536 1536w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/09\/Web_150DPI-20210212_368_8th_Ave_11th_Fl_Office-4-1.jpg?w=2048 2048w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/09\/Web_150DPI-20210212_368_8th_Ave_11th_Fl_Office-4-1.jpg?w=3000 3000w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>\r\n                                    <\/a>\r\n                                <\/div>\r\n                                <div class=\"related-articles-sticky__container\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/research-insights\/unlocking-the-future-of-the-legal-workplace\">\r\n                                        <div class=\"related-articles-sticky__caption-title\">\r\n                                            Unlocking the Future of the Legal Workplace\r\n                                        <\/div>\r\n\r\n                                        <div class=\"author\">\r\n    By\r\n    WeWork\r\n  <\/div>\r\n                                    <\/a>\r\n                                <\/div>\r\n                            <\/div>\r\n                        \r\n                            <div class=\"related-articles-sticky__item\">\r\n                                <div class=\"related-articles-sticky__image-wrapper\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/research-insights\/expert-insights\/designing-the-future-of-work-a-wework-guide\" class=\"ray-image ray-image--1by1\">\r\n                                        <img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"4714\" height=\"3143\" src=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/04\/Web_150DPI-20240729-17-St-Helens-Pl-Brand-Photoshoot-18.jpg?resize=4714%2C3143\" class=\"related-articles-sticky__image\" alt=\"\" srcset=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/04\/Web_150DPI-20240729-17-St-Helens-Pl-Brand-Photoshoot-18.jpg?w=4714 4714w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/04\/Web_150DPI-20240729-17-St-Helens-Pl-Brand-Photoshoot-18.jpg?w=1536 1536w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/04\/Web_150DPI-20240729-17-St-Helens-Pl-Brand-Photoshoot-18.jpg?w=2048 2048w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2025\/04\/Web_150DPI-20240729-17-St-Helens-Pl-Brand-Photoshoot-18.jpg?w=3000 3000w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>\r\n                                    <\/a>\r\n                                <\/div>\r\n                                <div class=\"related-articles-sticky__container\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/research-insights\/expert-insights\/designing-the-future-of-work-a-wework-guide\">\r\n                                        <div class=\"related-articles-sticky__caption-title\">\r\n                                            Designing the Future of Work: A WeWork Guide\r\n                                        <\/div>\r\n\r\n                                        <div class=\"author\">\r\n    By\r\n    WeWork\r\n  <\/div>\r\n                                    <\/a>\r\n                                <\/div>\r\n                            <\/div>\r\n                                            <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n\n\n\n<h2  id=\"shore-up-cybersecurity-efforts\"class=\"wp-block-heading\"><strong>Shore up cybersecurity efforts<\/strong><\/h2>\n\n\n\n<p>During the war, hackers have disrupted websites and other businesses across the world, and experts say there will be more to come. These attacks likely aren\u2019t one-offs but coordinated efforts by nations, says&nbsp;<a href=\"https:\/\/www.kornferry.com\/about-us\/consultants\/michaelfranzino\">Michael Franzino<\/a>, leader of Korn Ferry\u2019s&nbsp;<a href=\"https:\/\/www.kornferry.com\/industries\/financial-services\">Global Financial Services<\/a>&nbsp;practice.&nbsp;<\/p>\n\n\n\n<p>The attacks can also target seemingly benign systems that nonetheless have an outsized impact. Last spring, an attack on the billing system of a US pipeline company disrupted gasoline supplies for days. Leaders need to realize that, regardless of what business they are in or where they operate, they can get impacted. \u201cThe idea that you somehow are not connected to what\u2019s going on here is a mistake,\u201d says Mayville.<\/p>\n\n\n\n<p>Mayville recommends that companies go beyond just\u00a0being in compliance. Leaders should push for cyberattack rehearsal drills and sit down with their security leaders to go over plans. \u201cYou have to be ready,\u201d Mayville says. \u201cThat\u2019s a higher performance standard, and CEOs have to drive that higher standard.\u201d<\/p>\n\n\n\n<p><em>Korn Ferry is a global organizational consulting firm.<\/em><\/p>\n\n\n<div\r\n  data-block_60e8695ae0589\r\n  class=\"sticky-cta align sticky-cta--bottom sticky-cta--default--bottom sticky-cta--right sticky-cta--default\"\r\n>\r\n  <div class=\"sticky-cta__copy sticky-cta--default__copy\">\r\n    <p>Rethinking your workspace?<\/p>\n\r\n  <\/div>\r\n\r\n  <div class=\"sticky-cta__button-wrap sticky-cta--default__button\">\r\n    <button class=\"ray-button ray-button--primary sticky-cta__button\">\r\n      <a\r\n        href=\"#nf-form-31-cont\"\r\n        class=\"sticky-cta__link sticky-cta--default__link\">\r\n        Get in touch\r\n      <\/a>\r\n    <\/button>\r\n  <\/div>\r\n<\/div>\r\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the humanitarian crisis grows, smart firms are taking steps to help employees and rejigger operations<\/p>\n","protected":false},"author":2192,"featured_media":3000054810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-single-default.blade.php","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43906,43901],"tags":[503,1487,1488],"class_list":["post-3000054745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-expert-insights","category-research-insights","tag-culture","tag-leadership","tag-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v25.3.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Five leadership lessons from the Ukraine crisis<\/title>\n<meta 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