In the light of recent COVID-19 concerns, Modus Capital management announced a new set of measures to protect the team, portfolio companies, and partners against Coronavirus (Covid-19).
It is clear that the global threat from coronavirus - confirmed as a pandemic by the World Health Organization (WHO) - is growing exponentially. There are now more than 120,000 recorded cases in over 100 countries, and sadly more than 4,700 people have died as a result.
As the World Health Organization explained, humanity's success in tackling coronavirus is heavily dependent on the actions that organizations take over the next few days to help slow down its spread and avoid overloading the health care systems.
At Modus Capital, we’ve put in place measures to help minimize the risk from coronavirus to our employees and their families. Our approach has been one of abundant caution, fostering the speed of response, and collective responsibility across the organization and our portfolio companies.
Among some of the measures we have taken, was to implement a remote work from home policy while keeping our workflow as efficient as ever. As a tech-focused entity, we’re already set up for digital communications and collaboration having a notable part of our team located across multiple countries so this transition comes with ease.
We’ve also compiled an info packet and best practices framework and shared with our entire local and international staff to help communicate credible and accurate information on how to best manage this evolving situation. This measure was taken to ensure everyone in the organization is fully equipped to properly manage themselves in both their professional and personal domains.
In such unprecedented times, we will stay calm, be resourceful, and do what we do best: focus on supporting each other, staying positive, and meeting the needs of our people.