At the time of writing, all TTTech Group office locations have moved out of acute lockdown declared in response to COVID-19. While conditions are still changing on an almost daily basis, we have found a way of handling the current situation that works well for our business, our customers and our employees. Below we are giving you an overview of TTTech Group’s response to the COVID-19 pandemic.
In mid-March 2020, TTTech Group switched to a remote working setup to prevent the spread of COVID-19. Having introduced mobile working as a work-life balance measure for our employees years ago, we had all the necessary equipment and resources in place already. These preconditions, along with the tireless efforts of our IT team, enabled us to bring about a smooth transition. We managed to stay in full operation and maintain the high quality of customer service and interaction in the projects we are working on. Our priority remains the safety of our employees as well as our customers, suppliers and partners.
As our office locations have moved out of lockdown, we have created a framework for a mixed operation mode of office and remote work that considers local governmental recommendations and regulations. This way we ensure compliance with precautionary measures such as maintaining a safe distance in the office.
Our framework allows for a safe return to the office for those teams that need to be there physically. However, we are monitoring the developments closely and will adjust our measures accordingly. Traveling remains limited to crucial business matters.
The TTTech Group companies have shifted to interaction on digital channels to bridge the distance. We are proud to say that our communication with customers, partners and employees has not been hindered during this period. On the contrary, we have created new digital touchpoints through webinars and interactive events to inform about the solutions and technology we have been working on in the last months. Once restrictions are lifted further, these new tools and channels will be valuable additions to our portfolio to complement established offline measures.
As you would expect from a high-tech company with offices all over the globe, our teams have long been using digital means of communication as a matter of course. This has made the transition from face-to-face to virtual meetings relatively effortless. We also encourage social interaction among colleagues via virtual coffee breaks and lunches to ensure the free flow of ideas that is so important in a high-innovation environment.
In response to the COVID-19 pandemic, three values guide our operations at all times:
At TTTech Group we strongly believe in these values. We are working together with our customers, suppliers and partners to minimize the Corona virus’ negative impact and to jointly emerge stronger from this COVID-19 pandemic. It is our conviction that this severe situation can be overcome in a joint effort.
All in all, the situation has been managed very well. We have taken many precautionary measures to minimize the impact and are prepared to adapt these as needed. Along with an equity ratio of ~ 80%, our innovative solutions and strong customer relationships, this solid framework enables us to face the future with confidence.