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Cover Story

Five Years After COVID

Though COVID-19 had been in the news since late 2019, this week marks the fifth anniversary of what most consider the real start of the pandemic: when Massachusetts leaders shut down most businesses for what many hoped would be only a few weeks.

Everyone remembers what happened next: weeks stretched into months, the economic impacts reverberated for years, businesses adapted and pivoted, and some did not survive. But most did, and many came out stronger (or at least wiser) on the other end.

We asked the leaders of some of those businesses for their recollections about the difficult days of 2020, how they navigated the challenges, and what has changed because of the pandemic — in some cases, for good.

 

Jeff Fialky, Shareholder, Bacon Wilson

Jeff Fialky

Jeff Fialky

During the early winter of 2019, the management of Bacon Wilson had been following the news regarding what was then loosely described as a virus that was spreading around Asia and later into Western Europe. By early to mid-February 2020, it was becoming increasingly clear that we were all engaged in a global health crisis, and by March, the daily updates had reached the critical mass, resulting in en masse event cancellations and business closures.

Bacon Wilson, like many local businesses, held a number of internal meetings on how to approach the impending business closures. Ultimately, our office shut down in-person activities in mid-March 2020 and provided services remotely to the extent possible.

I recall that, at the time of the shutdown, I was running a large case load of business, real-estate, and financing transactions, nearly all of which were immediately put on hold or terminated by the party participants. I vividly recall the fears that I had those first few weeks, with stories running in the media harkening back to the 1918 Spanish flu, and the resultant financial and economic implications. I think many of us were testing out internal fears of a worst-case scenario during those initial days while we were experiencing a business climate that was unprecedented during our lifetime.

Following the first month or so, business continued remotely to the extent possible, and conference calls started to become calls on the then mostly unknown service called Zoom, which ultimately became a defining technology for the COVID era, which continues to the present. The practice of law is not known, perhaps, for technological innovation or being a leading indicator of change, but permitting face-to-face communication with clients via remote technology was a game changer for many industries, which the legal community adopted immediately.

Over the first six months or so of the COVID era, and with the introduction of masks, hand sanitizers, and other protective health measures, slowly the Bacon Wilson offices restaffed with in-person work (subject to public health orders). There are many now-humorous anecdotes of closings in our parking lot with papers exchanged through partially opened car windows, of papers slid through small holes in plexiglass separators in conference rooms, and all sorts of unique and creative ways of protecting (to the best knowledge at the time, which evolved daily) and providing comfort to understandably concerned clients.

Despite the continuing health concerns that may have been experienced, the business community and climate flourished. Of the transactions in my workload that had fallen apart during the March shutdown, nearly all had come back, and that time would signal the start to a flurry of business activity that would persist through COVID and following. The pandemic years were some of the highest-volume years our firm had ever experienced.

Initially, one can point to lower interest rates, which continued to prompt commercial and residential real-estate transactions, as well as the continued and increased interest by private-equity firms in business mergers and acquisitions. Then, following the CARES Act, and with the influx of federal funds pouring into the market by virtue of the Paycheck Protection Program, the momentum increased precipitously and continued well into 2023.

Notwithstanding the vigor of the economic climate, Bacon Wilson nonetheless experienced the same challenges as other employers with increased employment and operating expenses during the height of the COVID era. Staffing shortages were magnified by increased and accelerated retirements and transitions.

Many of those COVID-era challenges have stabilized in the past couple of years. The attrition in staffing that we had experienced during the height of the pandemic has waned substantially, and operating expenses have also steadied. The changes and leveraging of technology have remained, highlighted by in-person meetings and consultations now taking place via Zoom or Teams, technologies widely adopted and appreciated by our clients for their convenience.

While higher interest rates have had a cooling effect on the market, we are thrilled that the firm has continued to see clients continue to experience economic growth and ride the tailwinds inspired by the success of the economy during the COVID era. We have never been busier, success that we attribute to the loyalty of our clients and the dedication of our staff and attorneys.

 

Sally Rider, Founding Partner and Managing Director, Rider Productions, LLC

Sally Rider

Sally Rider

In the early days of COVID, we at Rider Productions were extremely positive and hopeful that business would be back to normal in a relatively short time. But after much research and discussions with industry experts and legal minds, we realized our company would be canceling all our 2020 (and going into 2021) conferences, events, music festivals, and a nice book of travel business around the world.

The first step was to maintain the health and safety of our employees and have ongoing, open dialogue of the days at present and the days ahead. It was then time to delve into the programs and funding support available to small to medium-sized businesses in the entertainment and travel industry. That process was inundating, ultimately manageable, and somewhat financially rewarding. Still, the entertainment industry was hit hard.

So, how to adapt in a new world? We immediately got on the outdoor pods scenario and invested in short-range FM radio transmitters. The public at large was reluctant to embrace this new initiative, but soon became so anxious to be out, be seen, and see others that it became a ‘thing’ for a while. We focused on outdoor festivals in hopes for approvals from the state and the will of the people to deliver when the time was right. Our company ended up being one of the first producers in the area to hold a large-scale event — a four-day camping and music festival. We were diligent, attendees were diligent, and all was well.

The corporate arena was much more stringent in holding in-person events. Companies saw that Zoom worked well for their employees, so, ‘hmmm, maybe we can hold events remotely as well?’ Again, this was certainly a ‘thing’ for a while, but we ultimately want to be together to celebrate our goals and successes and be part of the community that we love to live in. Now, corporate events are back to pre-pandemic numbers, and we’re seeing them increasing as well.

The travel side of our company completely stopped during COVID. We had grown a nice book of business that we worked hard to obtain, and it just stopped. We canceled all our clients’ trips. It hurt. We now know that travel is back and booming, and folks are traveling personally and certainly corporately. We now see ourselves checking and adhering to new travel guidelines, which are continually changing and must be watched.

Changing, growing, and adapting to the environment around us has always been in play with Rider Productions. COVID certainly affirmed that you must do your very best, surround yourself with the best people you can find, and take the risks.

We truly are heartfelt for the pain, suffering, and losses that were experienced by us all during COVID; it was a difficult time. I don’t believe we’ll forget it anytime soon, and people are clearly appreciative to be out and about in the world.

Kay Simpson, President and CEO, Springfield Museums

Kay Simpson

Kay Simpson

On March 13, 2020, we announced that the Springfield Museums would be closed from March 14 to April 3 to slow and stem the spread of COVID. What started out as a two-week closure stretched into months as the pandemic intensified into a global public-health emergency. It wasn’t until July 13 when the Museums cautiously opened back up to the public in alignment with then-Gov. Charlie Baker’s Phase 3 of the reopening of Massachusetts.

Prior to the reopening, staff installed plexiglass barriers in our Welcome Center, established sanitation areas in all public areas, and created directional pathways through the Museums to limit visitors being in physical contact with one another. From the onset of our closing, management and trustees were united in their commitment to keep staff employed through remote work that fostered the development of virtual programs, classes, and tours that were available on the Museums’ website.

As soon as we were able, staff came back to work in our buildings so we would be ready for visitors to return safely. Our commitment to keep staff employed during the shutdown enabled us to reopen as soon as possible, a decision that has had a profound impact on our recovery from the pandemic. Visitor studies show that institutions that laid off employees and were closed for longer periods of time have experienced a slower rebound in visitation.

The pandemic has changed the Museums in undeniable ways. Many staff now have hybrid work schedules, sanitation stations are in place throughout the facilities, and a variety of our programs can be accessed through our website. The shutdown compelled us to rethink the way we do business, experiment with new online approaches, and navigate our way into a post-pandemic world. Above all, we learned the importance of innovative thinking, deepening our relationships with our communities, and embracing change as the key to our future sustainability.

 

Jim White, President and Partner, Go Graphix

Jim White

Jim White

For 20 years, we’ve kept our heads down, grinding forward — learning, growing, and focusing only on excellence and worrying about what we can control. Then came the pandemic … and all bets were off. The fear was real, both personally and professionally. Around St. Patty’s Day of 2020, business came to a grinding halt.

The Go Graphix team? Rock stars. But keeping it together wasn’t easy. Between legitimate absences, borderline excuses, and some opportunistic sick days (or weeks!), stress levels were through the roof. All we knew was that we had to keep our team intact and safe — without a playbook. So we masked, distanced, sanitized, and even misted chlorine cleansers nightly after everyone had gone home. It was insane.

Just to keep our printers running (and our sanity intact), we churned out free “Frontline Hero” lawn signs. The hum of the machines was oddly soothing. Then, out of nowhere, Baystate Health called, asking, “can you make temporary plexi protective barriers?” Hell yeah, we could! Next came orders for social-distancing decals. That’s when we realized we were essential, and no one was shutting Go Graphix down without a fight.

We jumped on early orders for acrylic panels before the rush (good call, as our costs nearly quadrupled in no time). Supply-chain chaos made getting hardware a nightmare, but we powered through, outfitting Baystate, countless restaurants and businesses, and more than 80 colleges and universities.

The pandemic tested us, stressed us, and nearly drove us crazy. But Go Graphix has emerged stronger, savvier, and more resilient than ever.

 

Ben Sullivan, Chief Operating Officer, Balise Auto Group

Ben Sullivan

Ben Sullivan

When COVID changed everything, we remained focused on three things:

• Doing the right thing for our customers. We never charged our MSRP for vehicles (which was unfortunately rampant across the country due to inventory shortages), and we reworked our operations to meet our customers where they felt most comfortable — offering home delivery and service pickup and drop off — and doing whatever it took to take care of our customers.

• Doing the right thing for the community by supporting first responders. We couldn’t give them a hug, but we could wash their car for free and offer 50% off all service work so healthcare providers could get safely to their critical jobs. It total, Balise gave away more than $1 million in services to first responders.

• Doing the right thing for our associates. We wanted to take as much uncertainty out of their lives as we could. Coming to work was voluntary, and we guaranteed their pay, covered 100% of their health insurance, and offered flexible work schedules.

Doing the right thing has always been core to how we do business. COVID just reinforced that delivering on that promise is what matters most.

 

Ray Berry, Owner, White Lion Brewing Co.

Ray Berry

Ray Berry

Two months into construction, like a light switch, everything shuttered, construction came to a halt, and uncertainty set in. To compound the situation, we knew our construction budget and operational projections were no longer reliable. We lost a full year of revenue and a lot of momentum, but our team grinded it out, and 13 months after our projected opening date, we finally opened our doors.

Our trade has changed dramatically since then. In the last two years alone, 17 Massachusetts breweries closed, several have merged, and many more are entertaining exit strategies. There is a lot of data to suggest why, but in my opinion, much of the shift accelerated with the arrival of COVID, and some breweries could not rebound.

To sustain, White Lion had to pivot from a destination brewery to a much more robust attraction incorporating more entertaining options to create a deeper experience. The days of being a conventional brewery where customers grab a pint and move on to visit the next brewery are no longer the norm — it is an exception.

Some of our changes include incorporating lunch six days a week, onboarding food-delivery services, offering live entertainment several times a month, and hosting community and business events all year long. These are important pieces for sustainability, and our team takes pride in adding these extra layers for our consumer base.

 

Lynn Gray, General Manager, Holyoke Mall

Lynn Gray

Lynn Gray

During the COVID pandemic, Holyoke Mall, like many businesses, faced unprecedented challenges. With temporary closures, health and safety restrictions, and phased reopenings, we quickly had to adapt.

Many of our tenants pivoted toward and expanded their BOPIS (buy online, pay in store) and curbside pickup options. This shifted from a nice-to-have feature to an essential option that customers still expect businesses to offer today. Restaurant takeout and delivery options became a necessity to survive, and five years later, many of our food-court tenants and restaurants that had never previously offered delivery services are still using DoorDash and GrubHub platforms today.

The increased use and shift toward online shopping during the pandemic forced retailers to offer new and exciting ways to enhance the customer experience. They are introducing more experiential components within their brick-and-mortar locations and enhanced their omnichannel presence to make products more interesting and accessible. This shift is still prevalent five years later.

As retailers consolidated storefronts, our leadership focused efforts on more experiential offerings, which we had started prior to 2020, bringing in more entertainment and lifestyle venues (Planet Fitness, Round1, Altitude Trampoline Park, etc.). Customers longed for reuniting with friends and families outside their homes after having been restricted for so long and needed outlets to reconnect and socialize.

Holyoke Mall has experienced a renewed energy as we are seeing pre-pandemic-level foot traffic. This is a major indicator we are giving the customers what they are looking for in terms of offering a diverse mix of tenants including not only core retail, but also unique dining, entertainment, and lifestyle options.

 

Nathan Yee, Director of Hospitality, Bean Restaurant Group

Nathan Yee

Nathan Yee

The early days of COVID were filled with uncertainty. They were long and exhausting, but they ultimately pushed us to learn how to do more with fewer people and resources. We re-engineered our systems and processes to mitigate the effects of rising food and labor costs.

The restaurant business has always required adaptability — this was true before COVID and remains true today. Failure wasn’t an option; we embraced every challenge as an opportunity to stay true to our values in an unprecedented time.

One lasting impact of COVID is that we now operate with smaller menus. We’ve honed in on what we do best, eliminating the extras. In hindsight, while COVID presented immense challenges, it ultimately made us better restaurant operators — both today and for the future.

 

Greg Desrosiers, Vice President and Co-owner, Hadley Printing

Greg Desrosiers

Greg Desrosiers

Looking back on COVID seems like it was yesterday. It is hard to believe it has been five years since the start of the pandemic. I guess it feels like yesterday because the hangover of COVID is quite present in our society.

With the onset of COVID, there were more orders being canceled than placed. Everything ground to a halt within days. It was a concerning period to navigate in business, and no one knew the duration or outcome. The positive part of COVID was the strong resurgence of business in 2022, as the economy returned to normal and demand was high across the board, which eventually led to supply-chain issues and inflation.

It was the year and a half period in between that became the largest challenge we have ever encountered during our time in business. Like most businesses, we were able to participate in the Paycheck Protection Program and used it exactly how it was intended, to keep our staff employed and paid. We were operating on 50% of our normal work volume and supplementing the rest with equipment and building maintenance.

One of the most obvious after-effects of COVID that directly affects our daily operations today is inflation. We have seen a tremendous increase in our raw materials, a loss of suppliers that have either closed or have been acquired due to industry consolidation, and an increase in wages of our employees who are in need of more money to live on. Inflation is something I see at best slowing down but most certainly not reversing itself. We had no choice to pass along some of these costs in our prices, but we cannot pass along all of it, so we had to be innovative and find creative ways to do more with less.

To combat the rise in operating costs, we have diligently crossed-trained almost every employee to be able to assist in multiple ways, so if we are slow in one department, we can move that employee to another department that is busier.

In addition to cross-training our workforce, we have also made investments in more technologically advanced equipment. We recently invested in a second digital printing press that allows us to produce short-run orders more efficiently. This new upgrade also allows us to print envelopes digitally, where in the past, we printed envelopes via traditional offset printing. This new investment can also run a larger sheet size, allowing a wider array of economical service offerings to our clients.

Our new digital press is more automated than a traditional offset press, so it can be run with fewer touches by our employees. That allows us to produce products more efficiently and more economically through automation.

While the future continues to remain unsteady, we are readily prepared for it.

Rudy D’Agostino, Partner, Meyers Brothers Kalicka, P.C.

Rudy D’Agostino

Rudy D’Agostino

It is incredible to look back five years ago and see the shift COVID-19 caused worldwide. Almost overnight, drastic changes occurred as businesses were forced into shutdown, only emergency personnel were allowed to travel the roads, and supply resources were depleted. COVID’s challenges caused businesses to pivot, making adaptations to the ‘new norm’ almost overnight.

Businesses were affected drastically in 2020, and many organizations continue to function with several changes that they were forced to incorporate five years ago during the pandemic. For example, remote work became the norm for many companies, and today it continues, although it has been changing to a hybrid model. This remote working environment required a significant investment in computer technology and related internet security.

Meyers Brothers Kalicka, P.C. (MBK) was deemed an essential business during the pandemic and, thus, didn’t have to shut down, but we shifted employees to a remote hybrid schedule to limit the number of staff in office. In 2025, MBK still offers the opportunity for our team to work a hybrid schedule. The use of software such as Teams or Zoom is used for communication and assists in creating the balance of flexibility and promoting a healthier work-life dynamic.

In 2020, we had virtual monthly staff meetings and even hosted a creative facemask contest, which highlighted how the firm can maintain morale and camaraderie, even when part of the team was physically apart. Putting a positive spin on the pandemic helped individuals power through a time of uncertainty.

 

Michele Anstett, President, Director, and Owner, Visiting Angels West Springfield

Michele Anstett

Michele Anstett

There are certain historical events that are so momentous, a person will always recall where they were when the event happened. The unwelcome arrival of COVID in Western Mass. was one of those events for me. I will never forget the day when Gov. Baker issued a stay-at-home advisory and ordered all non-essential businesses to close. We were working on packing up the office, getting ready for our move to a new location. After hearing the order, I decided to close the office.

Visiting Angels is a senior home-care business, and we are an essential business. However, the admin staff could work from home. The focus of the business abruptly changed from advancement to survival. Every day, the focus was on protecting clients and caregivers. I felt that I had become a commander leading the troops to fight a battle while also protecting civilians. Many clients canceled our services because their loved ones could take on the caregiving role. We went from 70 clients to 19 clients in two weeks. I thought to myself, “I don’t know if we can survive this.” But we did.

We tackled the early challenges such as staying informed, learning how to slow the spread, obtaining essential safety supplies, setting up protocols, the daily health check-in of caregivers, assigning a risk-factors watch list, and so many more. There were endless webinars and Zoom meetings that we needed to attend. The information about COVID kept mutating just like the virus itself. The information online was a great tool for so many aspects of our business, especially for hiring and interviewing. We still use many of these methods even after five years.

The biggest challenge was obtaining personal protective equipment. We asked for donations of handmade masks. I supplied a family in Westfield with six yards of fabric. This military family of five utilized the mandated home time to serve the needs of healthcare workers. My aunt, a seamstress in Chicopee, also created masks from donated sterile surgical fabric. A fabulous woman from the Majestic Theater would sew and donate about 10 masks at a time. We also received face shields from a family in the Berkshires.

We kept our morale up by participating in local community events. People had helped us to stay safe; now it was our turn to curb elder isolation and support other essential workers. We did drive-by-parade birthday celebrations, provided nostalgic snacks at senior center drive-thru events, participated in safety awareness campaigns, and (my favorite) provided sponsorship of chair yoga in East Longmeadow with instructor Sheila Magalhaes of Heartsong Yoga, a program we continue to sponsor even now.

It’s amazing to think that it has been five years since the arrival of COVID in Western Mass. I believe the events increased resilience today when a problem arises for people and businesses. Now, I always ask myself, “how can I make this happen?” and try to think outside the box.

 

Elizabeth Barnes, Chief Operating Officer, NAI Plotkin

Elizabeth Barnes

Elizabeth Barnes

I have experienced firsthand how the COVID-19 pandemic has fundamentally transformed property management. In March 2020, building operations and maintenance procedures were forced into a rapid evolution. While the immediate crisis has passed, many changes have become permanent fixtures in the industry.

The pandemic accelerated digital transformation in property management. While many firms such as ours were already rolling out online portals to our homeowners and tenants, many property managers were not as prepared. Online portals now handle everything from maintenance requests to amenity scheduling and document management. These technological solutions have proven to increase efficiency and reduce operational costs, making their continued use a business imperative.

Enhanced cleaning protocols and improved HVAC systems have become standard features rather than luxury additions. Many buildings now maintain hospital-grade air-quality standards and implement sophisticated air-quality monitoring equipment.

The economic impact changed how property managers approach financial planning. Many properties now maintain enhanced emergency funds and reserves to ensure operational continuity during unexpected challenges. Insurance has become more complex due to rising construction and repair costs, prompting our property managers to seek comprehensive coverage while implementing risk-mitigation strategies.

Property managers have developed more sophisticated communication systems and stronger relationships with occupants. Digital platforms have become central to operations, enabling real-time updates on building operations and immediate response to maintenance requests. These platforms integrate announcements, document sharing, and community forums, creating stronger connections between our property managers and residents.

The industry continues to evolve, with increasing integration of artificial intelligence and automation in building management. Properties now compete to offer comprehensive health-focused amenities, while buildings are designed and operated with a focus on resilience against future crises. Space usage has become more flexible and adaptable, responding to changing occupant needs and market conditions.

The COVID pandemic has created new standards and expectations in property management. Success requires managers to remain adaptable, technologically savvy, and focused on occupant well-being while maintaining operational efficiency. Those who embrace these changes and continue to innovate will be better-positioned to meet evolving needs while maintaining their competitive advantage in a transformed market.

Cover Story

The Road Ahead

In late May, after 15 months of living through a global pandemic, the state entered into a phrase the governor called “a new normal.” A few months later, most businesspeople would say this ‘normal’ isn’t everything they expected or wanted. Indeed, while business has picked up in many sectors, from hospitality to healthcare, there are myriad challenges facing the business community, from what can only be called a workforce crisis to shortages of goods and rising prices; from a new and very potent strain of the coronavirus to issues with when and how to bring employees back to the office. To get a sense of where things are and, especially, where we may be headed, BusinessWest convened a panel of area business leaders — Deborah Bitsoli, president of Mercy Medical Center; Harry Dumay, president of Elms College; Patrick Leary, a partner with MP CPAs; Elizabeth Paquette, president of Rock Valley Tool in Easthampton; Tom Senecal, president and CEO of PeoplesBank; and Edison Yee, a principal of the Bean Restaurant Group. Their answers to a series of questions on the economy and the forces shaping it are certainly eye-opening.

 

BusinessWest: How is the process of returning to ‘normal’ proceeding at your business?

 

Bitsoli: “It does appear that patients are coming back; our Emergency Department is really returning back to the volumes it had before the pandemic. On the surgical side, the same thing is occurring. I do think there is a lot of caution about the fall, but for the time being, patients are seeking the appropriate level of care, including a lot of the screenings they put off. That’s the good news in terms of a public-health policy standpoint. At the hospital, we’re still wearing masks, and we’re still relying heavily on Webex; we have some meetings face to face, but we still have masks on. As for returning to normal, we continue to have a focus on patient safety, and we have an expansion planned in our Emergency Department. Overall, we are trying to return to normal, but everyone is looking to the fall, and there is caution there. The one big difficulty is hiring staff.”

 

Dumay: “At the college, ‘normal’ for us would mean getting back to the high-touch, nurturing, vibrant, in-person environment for teaching and learning. Returning to normal means having everyone on campus in the same mode we had pre-pandemic. The process for preparing for that is the same as we had last year, with the ElmsSafe Plan for making sure that employees and students are safe. That begins with a level of vaccination that we need to accomplish. That’s why we came out very early and required vaccinations for our students and employees. The challenges are to ensure that we’re getting to that level of vaccination that the state considers optimal for campuses, which is roughly 90%. We are gearing up for the fall, to have full in-person learning and all of our faculty and staff on campus. We have a task force that is meeting on a regular basis to come up with all the elements of the ElmsSafe plan so that we can make sure our campus is safe and as back to ‘normal’ as possible.”

 

Harry Dumay

Harry Dumay

“For the traditional undergraduate, first-time freshman, we had a record deposit year, and we are looking at potentially a record enrollment year for first-time freshmen, so that has come back better than it was before.”

 

Leary: “We have found that our biggest challenge to returning to normal is a big investment in software. When we all went remote in March of 2020, we found the flaws in our system, we found out where we were falling down and where our system couldn’t handle the stress of people working remotely, etc. So we had a big investment in software across the board — we’ve replaced really all of our systems, so we met the challenge of not only keeping up with workload, but having people keep up with workload while also learning new software. The other challenge involves getting back to the office; being a CPA, we can work from just about anywhere — I can be in my office, or I can be sitting in the Caribbean, which, unfortunately, is not what I’m doing now. This presents us with a lot of challenges. We have a very young workforce — half our staff is 30 or younger — so they’re very much tuned into the social aspects of being in the office and like being in the office, which is great. Our greatest challenge is going to be how we incorporate our client-service work with the protocols of each of our clients; each one presents its own unique circumstances — our staff can’t be stagnant and say ‘this is how we’re going to do things.’

 

Paquette: “We’re a machine shop that manufactures parts for aerospace, defense, sports, and leisure, blow-mold and extrusion. When everything hit in the spring of 2020, we were getting letters from larger customers saying ‘you can’t shut down — you have to stay working.” So we were very busy, but at the same time, we had seven of our 43 employees leave for one reason or another due to COVID, so we had this intense workload, and we had to scrounge and fill the gaps in our workforce. And then, in mid-June, our largest aerospace customer said, ‘we don’t have anything to send anymore,’ and by the end of the summer, we had laid off a total of 13. Now, with things a little more normalized, we’ve been able to bring back some of those we had to lay off. So when we talk about returning to normal, we’re just trying to work our way through this crisis and keep people’s mental health in mind and … just keep working.”

 

Senecal: “Overall, I don’t know if ‘normal’ is the right word at this point — it certainly is a new normal. We’re going back to a hybrid method for our workforce — we’re going to allow people to work from home as well as work in our building. I’m a firm believer in culture, and I’m a firm believer in some sort of work in the office. The challenges with that hybrid workforce include dealing with office space — that’s going to affect a lot of our customers — and technology needs; how do we adapt to technology, and how do we use technology? One of the biggest ones is communicating expectations when you go to a hybrid model — how do you communicate with people expectations of what is expected of them, for meetings, for hours worked, for a lot of things? How do you evaluate good performance from a remote-workforce perspective? Those are all a challenge. Also, getting people comfortable with and without facemasks — we’re going back to work in this new normal, and people aren’t sure of the expectations when it comes to facemasks. It’s challenging getting people comfortable in those settings.

 

Tom Senecal

Tom Senecal

“I think we’re all going in the right direction, and there’s nothing but good news ahead as long as inflation stays in check.”

 

Yee: “For restaurants, it’s a new normal as well. Outdoor dining is very much prevalent, but customers are starting to return to the dining rooms. And while they are beginning to feel more comfortable doing so, not everyone has made that transition — although a lot of them have. Our late-night business has not come back yet, but we feel that might change as time progresses. But to be frank, it was a messy way to get into COVID, and coming out of it has been messy as well, with lots of disruption in supply chain, with labor shortages, and other issues. We’re adjusting, as we always do, in the restaurant business, with much more takeout business as part of our overall sales, and with using technology to help us smooth out the rough edges from not having enough frontline workers.”

 

BusinessWest: How has this year been business-wise, and what is your forecast for the rest of this year?

 

Bitsoli: “Business is almost back to normal, but it will very interesting to see what happens in the fall when we hit flu season and everyone goes back into the office. And we still have a large number of people who haven’t been vaccinated. Directionally, we’re moving back to normal, but everyone is looking to see what happens when we migrate back inside. Internally, while the volumes of business have returned, people are tired because of the duration of this and the expectation of what’s going to happen in the fall. So we’re investing a lot of resources right now in things like a Zen room, spot yoga, massage chairs … so that is a new normal for us in terms of something we’re going to need to continue on with until we come to the end of this pandemic.”

 

Dumay: “For the traditional undergraduate, first-time freshman, we had a record deposit year, and we are looking at potentially a record enrollment year for first-time freshmen, so that has come back better than it was before. For continuing-education students, those who come to us from community colleges, that’s a population that often doesn’t enroll until the last minute, so we’re still watching that, but it looks a little softer than it had been previously. And graduate-school enrollment is very much looking to be a record year in terms of enrollment. One area where students and families may still be hesitating is a return to residential living.”

 

Yee: “For restaurants, we like to compare numbers to 2019, our last ‘normal’ year. And for quarter one, it was lower, when you’re looking at year-over-year numbers. It wasn’t until the vaccinations reached the general population that things started improving; in the second quarter, the sales have bounced back to a much higher level, better than 2019. We anticipate that this trend will continue.

 

Edison Yee

Edison Yee

“We’re very optimistic about the last two quarters of the year and going into 2022. We’ve seen a lot of positive results during this summer, which is traditionally our slower time of year. It’s been a very strong summer to date and much higher than 2019 levels.”

 

Paquette: “While we had lost work in aerospace, we’ve started to see some of it comes back. For us, workload is good and steady, and we project that this will continue through the rest of the year. The workload is good for the number of people we have.”

 

Senecal: “In the past 18 months, our deposits are through the roof. We are up more than 35% in a little over a year. And the balances are not going down. As we talk about demand and this influx of demand and a surge in spending, I’m not seeing it from people’s deposit accounts — those numbers are not going down. We’re up over a little more than $1 billion over the past 18 months in deposits. That’s a function of a lot of things — PPP money, stimulus money, people not going out and spending. We have an enormous amount of money in the system, and the government continues to put money into the economy. That adjusts to inflation, and that’s showing up everywhere in our economy — food, transportation, supplies, inventory, computer chips … it’s showing up everywhere, and I think it’s going to have an impact. We see good times ahead as long as inflation can be kept in check and interest rates stay relatively low.”

 

Leary: “The need for our services greatly increased in 2020 because of the PPP program and other initiatives and trying to help clients understand the rules, what qualifies for forgiveness, and so on. There was great demand for our services, and it’s continued into this year. As for our customers … most of them are doing OK post-pandemic, but I’m concerned that the federal money that these businesses have received is masking how they are doing financially. And as demand starts to grow, will these businesses be able to find the staffing to supply the products and provide the services?

 

BusinessWest: That’s a good segue to the next question. Attracting and retaining workers has become the dominant challenge for 2021. How has your business been impacted?

 

Yee: “There is virtually no one applying for jobs, and the people we do have working are tired from working extended hours, so we’re trying to give them breaks by closing an extra day during the week or sometimes two, which we’ve never done in the past. But we’ve found that’s one of the only ways we can deal with this labor shortage — giving people some extra time for that work-life balance.

 

Senecal: “I received a résumé the other day from a headhunter for a position we were looking to fill … the person was very well-qualified and has all the right skill sets. But in big, bold letters on the résumé, it said this person is only interested in working remotely. I don’t think I’ve ever seen on that on a résumé before, but it’s an indication of the world to come.”

 

Patrick Leary

Patrick Leary

“I’m optimistic about the rest of 2021 and 2022, at least the first half. It will be interesting when the government programs start to dry up and slow down and we see how people react to that when it comes to their spending habits.”

 

Leary: “We’re seeing the same thing many of our customers are seeing. As tax laws change and accounting rules change, we have a great demand for people, and it’s not for entry-level people, but more experienced people. And it’s very challenging to find them. But what we’ve found is that, because of the ability to work remotely, instead of searching for someone and saying, ‘we want you to work in our Springfield office or our Connecticut office,’ we can say, ‘you can work anywhere in the country — we have the ability to let you work wherever you want.’”

 

Dumay: “I haven’t looked at the comparisons closely, but it certainly seems, anecdotally, that we have more open positions than we normally have. For some, we’re seeing good pools of candidates, and for others, the pools are not as strong as we would like. So in many ways, we’re like everyone else. There is a higher level of vacancy at the college, and for many positions, the pool of applicants is simply not as robust.”

 

Bitsoli: “From a business standpoint, the thing that’s very different for us and most all businesses is the staffing. It really is different. There are people who retired early, people who decided to change career paths … so we’re dealing with quite a few staffing challenges, like everyone else. One of the things I’ve heard anecdotally is that, because of the incentives being offered by the state, for people at a lower level, like dietary, housekeeping, nurse aides, and other positions, it’s almost better for them financially to stay at home than it is to work. I’ve also heard anecdotally that there’s a group of people that are gathering resilience over the summer, and they plan on coming back after Labor Day.”

 

BusinessWest: What are the forces — workforce, inflation, inventory, COVID, and more — that will determine where the local economy goes?

 

Senecal: “I think we’re all going in the right direction, and there’s nothing but good news ahead as long as inflation stays in check. Businesses are opening and growing, and with the levels of demand we’re seeing, that’s a good problem to have. And I think things will start to open up from a supply-chain perspective. We talked a little about unemployment benefits ending in September; let’s see if that pushes people back to work and brings the labor situation closer to normal. Overall, as long as COVID stays under control and we don’t go back to shutdowns — such shutdowns are devastating for the economy — I feel very positive about the fourth quarter and going into 2022.”

 

Dumay: “I second that optimism and emphasize the ‘as long as’ comment regarding COVID. The only thing that is sobering or bringing caution to my optimism is the slowdown in the rate of vaccination across the country, especially in areas of the country where it’s very low. Also, with the CDC looking at potential mask mandates and people getting alarmed about another surge … that could slow down what is looking to be an optimistic time and an opportunity to really get back to normal.”

 

Yee: “We’re very optimistic about the last two quarters of the year and going into 2022. We’ve seen a lot of positive results during this summer, which is traditionally our slower time of year. It’s been a very strong summer to date and much higher than 2019 levels. We’re really positive about what’s to come, but there are many challenges that could slow things down moving forward, like labor shortages, inflation, and supply-chain disruptions … those are all major concerns. We’re eager for everyone to get to normal so we can see a higher level of business than we have and, we hope the pent-up demand generates business across the area.”

 

Bitsoli: “People are looking for optimism, and I think as long as the economy holds out, and if we can get more people vaccinated, things should continue to improve. With the new variants out there are certainly concerns, and there are questions about whether the vaccines are going to continue to keep people healthy even when they’re exposed to the variants and keep them out of the hospitals and from getting severe complications.”

 

Deborah Bitsoli

Deborah Bitsoli

“As a leader, what I’ve learned is the importance of that human connection. We’ve all talked about the fact that Webex is great from a technology standpoint, but that relationship building and that ability to look someone in the eye … I really realize that there’s something to that, and it’s quite big.”

 

Paquette: “It’s really business as usual for us now. Our biggest concern is trying to hire people who are skilled — which means we’re like everyone else. But we’re seeing a lot of people who are interested in growing their skill set, and that, to me, is a positive; I’ve never had as many people enrolled in school and training programs as we do now. We’re rebuilding, we’re in a good space, and we’re growing. It feels much different than a year ago.”

 

Elizabeth Paquette

Elizabeth Paquette

“I had to spend a chunk of my time with a remote first-grader, so I had that stress at home while trying to be at work. So I found that employees function better if we’re able to meet them where they’re at.”

 

Leary: “I’m optimistic about the rest of 2021 and 2022, at least the first half. It will be interesting when the government programs start to dry up and slow down and we see how people react to that when it comes to their spending habits. But as we heard, deposits are way up, which means people have money to spend; they have disposable income. So I think people will start to spend as they get out and feel more comfortable going to restaurants or getting on an airplane. I see that continuing for the next year or so, but who knows after that what will happen? We need to have supplies free up, and we need to push for everyone to get vaccinated.”

 

BusinessWest: Finally, what have you learned during this pandemic, and how has this made you a different and perhaps better leader?

 

Bitsoili: “As a leader, what I’ve learned is the importance of that human connection. We’ve all talked about t the fact that Webex is great from a technology standpoint, but that relationship building and that ability to look someone in the eye … I really realize that there’s something to that, and it’s quite big. Also, I knew this before, but now I really know it: you really have to lead from the heart because employees want to feel the empathy and the caring from leadership. Lastly, it’s visibility and the ability to connect with people on their turf and really be able to listen to issues and immediately follow up with resolution. These are all things I knew, but this pandemic has caused me to reflect and overemphasize the need to do those things.”

 

Dumay: “I realized the importance of connecting with the people with whom I work, the faculty and staff at Elms College, and be present and pay attention to what people are experiencing and have that be relevant to my decision making. Also, I’ve learned the importance of giving people some answers, even if they don’t have the complete answer. There was a lot of uncertainty during the past year, and people were looking for the leaders of organizations to provide some answers. For someone who likes to completely process things and share them when they’re finalized, I had to learn to provide answers that are sometimes incomplete and need to be finalized. That was important to me.”

 

Leary: “One thing that I learned is that each person is very unique with regard to what their circumstances are — they might be a single parent with high-school children, or they may have a newborn … there are so many factors, and we can’t have a one-size-fits-all policy. We have to be flexible when it comes to work-life balance.”

 

Paquette: “I had to spend a chunk of my time with a remote first-grader, so I had that stress at home while trying to be at work. So I found that employees function better if we’re able to meet them we’re they’re at. Everything was remote to me outside the shop, but in the shop, it just seemed important that people had someone that they could look to make them feel better. We definitely improved our transparency with employees to let them know where we were at. It was probably so scary to see so many people laid off, some by choice, but some by our choice. I held meetings with people just so they would know what was going on and that they had as much information as I had in that moment. And the response was pretty good. Most people stayed, and they kept at it at a time when it was hard to keep at it.”

 

George O’Brien can be reached at [email protected]

Cover Story Economic Outlook

Question Marks Dominate the Horizon

Entering a new year, there are always question marks about the economy and speculation about the factors that will determine just what kind of year it will be. For 2021, there are far more questions — and fewer definitive answers — and the speculation comes in layers. A great many of them. Much of this speculation involves the pandemic and, with vaccines becoming available to ever-greater numbers of people, whether we are truly seeing light at the end of the tunnel, the beginning of the end (of the pandemic), or any of those other phrases now being used so frequently. But there are other things to speculate about as well, including what the landscape will look like when and if things to return to normal, or a ‘new normal,’ another phrase one hears a lot these days. Will the jobs that have been lost come back? Will people pick up old habits regarding going to restaurants, the movies, the doctor’s office, or sporting events? Will businesses return to their offices? And will their offices be the same size and in the same community? Another phrase you’re hearing — and will read in the stories that follow — is ‘pent-up demand.’ Many businesses, from eateries to colleges and universities to medical practices, are counting on it, but will it actually materialize? These are all good questions, and for some answers, we turned to a panel of experts for a roundtable discussion, without the roundtable. Collectively, they address the question on everyone’s minds: what is the outlook for 2021?

The Big Picture >>

Economist says pent-up demand will be the key to any recovery

Education >>

School presidents project multi-year emergence from pandemic

Banking >>

This CEO says some habits are changing, but are they permanent?

Accounting >>

This CPA is advising clients to keep the seat belt buckled

Healthcare >>

A Q&A with Baystate Health President and CEO Dr. Mark Keroack

Fitness >>

Business owners grapple with an industry battered by restrictions

Restaurants >>

Owner of large, regional group says it’s survival of the fittest

Technology >>

IT expert says it’s time for businesses to move from survival to growth

Retail >>

Big Y’s Charlie D’Amour reflects on 2020 — and the year to come