Travis Makes Money

632: Laurie Krebs | Supporting Your Virtual Teams During Covid-19


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We all know Covid-19 truly changed the landscape of our businesses and economy. So what are the best ways to keep up with the changing climate of our work culture?


Laurie Krebs is the Senior Vice President and Chief Financial Officer at Red Hat. She has a proven track record of developing highly effective finance and tax organizations. She has special passion for developing and empowering associates, and as the leader of Red Hat’s Covid Response Team she was able to demonstrate incredible results and implement innovative strategies that helped the company thrive.


Let’s jump right in and learn more about supporting your virtual teams during Codid-19


Things you will learn in this episode: 

[00:01 - 04:24] Opening Segment 

  • I introduce today’s guest, Laurie Krebs
  • Bio
  • Laurie gives us a bit of her background
  • Shy as a kid
  • A love for people 
  • A career pivot after college into finance

  • [04:25 - 18:05] Supporting Your Virtual Teams During Covid-19

    • Laurie’s journey into Red Hat
    • The networking opportunity that led to the job
    • The growth process within the company 
    • Building trust among partners
    • Laurie’s advice to leaders navigating big changes 
    • Remained focused on your business
    • Diffusing the mission and culture of the company to a large team
    • Collaboration 
    • Staying connected 
    • he steps it took to navigate remote work 
    • 25%+ remote worker base before the pandemic 
    • The challenges you may face
    • ‘Recharge Weeks/Day’ and how it impacted Red Hat
    • Stipend strategy 

    • [18:06 - 19:23] Back to Normal Vs. Look to the Future

      • What ‘going back to normal’ may look like
      • Business culture will shift 
      • Trade-offs
      • An incentive for people to gather 

      • [19:24 - 35:46] Closing Segment

        • Who you know, or what you know
        • Who you know, and your personal brands others know
        • How masterminds and mentorships came into play for Laurie
        • Value in leaders who you want to emulate 
        • Define the connection point 
        • ThE RaNdOm RoUnD
        • How to engage with Laurie
        • Links below 
        • Final words 

        • Tweetable Quotes: 


          “With growth comes a lot of opportunities that you never had before and it’s easy to want to jump towards those things; and you lose sight of that base that you need, the strength you need to keep building over time.” - Laurie Krebs


          “It’s all about being collaborative and staying connected.” - Laurie Krebs


          “You won’t make everyone happy, but we really tried to say, ‘Okay, how are we best suited to give our employees what they need during this time?” - Laurie Krebs



          Connect and engage with Laurie on LinkedIn. Be sure to check out https://www.redhat.com/en and learn how to give the best virtual experience.


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