Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Monday 14 September 2020 11:35 am

Businesses have done a good job as emergency policy makers – but they must not get complacent

By: Alberto Lopez Valenzuela

Add as a preferred source on Google
FRANCE-US-INTERNET-TECHNOLOGY
Airbnb has banned parties at its properties to help fight the spread of Covid-19

Government policy and regulation must at times play catch-up with reality.

In recent times, this has been especially prevalent with the social and digital media giants, who have enjoyed free rein while policy makers struggle to work out how to deal with the potential harms they bring.

But if we thought that the rise and activities of Amazon, Facebook, Google et al was faster than a speeding legislator, then the lightning quick manner in which coronavirus has changed the world has left policymakers utterly stranded.

Governments across the globe have failed to settle upon clear guidelines and measures to deal with the pandemic – a sluggishness compounded by failures to communicate effectively. 

As society moves towards a partial reopening, and away from the clear-cut lockdown measures to subtler, changeable guidelines which require more user discretion, the picture is even more muddled. And, as such, they are even more dangerous to public health and the economy.

Against this backdrop, some big businesses are filling policy gaps out of pure necessity and, perhaps, a desire to create clarity.

Airbnb decided to ban parties at properties rented through the site, with a maximum occupancy of 16 people. In many parts of the world, this measure is likely to reiterate existing laws and restrictions imposed at a government level, but Airbnb has recognised that many users will feel comfortable flouting broad brush laws imposed in a distant parliament building, and need a more immediate reminder.

Meanwhile, Airbnb’s Silicon Valley neighbours Google and Facebook have recently been joined by enterprise tech firm Salesforce in announcing that staff will not be forced to return en masse to their offices until summer 2021 at the earliest. 

Such decisions may prove frustrating to governments who are trying to encourage economic recovery through a resumption of commuting, shop-bought lunches and after-work drinks. But these swiftly-made business policies have provided staff with clarity at a time when confusion reigns across much of the world. 

Read more

What today’s central bankers can learn from the late Alan Greenspan

Alan Greenspan speaking at a financial conference, emphasizing economic trends and monetary policy insights in a formal se...

These tech giants are fully aware that reassured staff means better productivity and business success.

There are plenty of other examples of businesses going above and beyond legal requirements in their Covid-19 policies. Given that many large tech companies are usually given to skirting around legislature instead of reinforcing it, this must feel like a strange situation for some. Such businesses are likely to find that behaving in a more responsible way as emergency policymakers will win them support and burnish their reputation over the long-term – that is certainly evidenced by Alva’s insights into business reputation.

But there is another side to this: companies whose policies arguably represent a watering down of the rule of law, but nonetheless provide a form of clarity. 

Two major UK retailers made clear as early as July that they would not enforce face masks in their shops. These rules from supermarkets in part act to protect their staff – workers at Co-op and others have faced abuse over masks and distancing rules – but they also provide customers with a degree of clarity.

Just like businesses, the public finds uncertainty unsettling. When businesses provide clarity, through their words and actions, they play an active role as responsible members of society. 

But business should also be mindful of the flip side to its new-found policymaking privileges.

As the saying goes, with power comes responsibility. By stepping in to offer solutions and guidelines, companies risk taking a share of the blame if subsequent waves of pandemic hit. 

Alberto Lopez Valenzuela is founder and CEO of Alva, the reputation intelligence company, and author of The Connecting Leader.

Read more

London house prices fall as Bank of England rate hikes loom over mortgage market 

Housing delivery in London is in a major crisis

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Business
  • Opinion

Related Topics

  • Airbnb
  • Coronavirus

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Nothing fails to file accounts months after dissolution threat

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

  • PwC joins the Canary Wharf crowd in major property shake-up

More from City PM

  • What today’s central bankers can learn from the late Alan Greenspan

    Opinion
    Alan Greenspan speaking at a financial conference, emphasizing economic trends and monetary policy insights in a formal se...
  • London house prices fall as Bank of England rate hikes loom over mortgage market 

    Property
    Housing delivery in London is in a major crisis
  • Are we about to see one of the biggest shifts in monetary policy since the financial crisis?

    Opinion
  • ‘Bogus claim’: Ryanair hits back at watchdog probe into family seating policy

    Transport & Infrastructure
    Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting
  • Andy Burnham commits to triple lock despite backlash over ‘unsustainable’ policy

    Politics
    Andy Burnham speaking to supporters during his campaign to re-enter UK parliament, engaging with the public in outdoor set...
  • Britain must speed up to survive the AI era

    Opinion
    AI data center with rows of servers and cooling systems, showcasing advanced technology and infrastructure innovation
  • Steve Rigby: Burnham has a chance bring confidence back to British business

    Opinion
    Andy Burnham smiling at a public event, wearing a suit and tie, representing positive leadership and community engagement.
  • Devolution will create losers too

    Opinion
    Andy Burnham discussing Manchesters Bee Network public transport initiative at a city council event.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy