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Whether stocks are down, a key stakeholder is leaving, or your product has suffered a setback, at some point you will have to communicate difficult things to your employees — and if it’s not done with care and thought, it can create a culture of uncertainty, distrust, and fear.
The big picture: One of the most difficult things companies face is communicating timely and effectively without overwhelming employees — and without sending them into a tailspin of unproductivity and speculation.
In a Voray event sponsored by Axios HQ, Corsearch CEO Abel Clark and Muck Rack CEO Greg Galant share a few ways they maintain team positivity and company integrity when tough messages need to be shared:
The takeaway: Good leaders aren’t just needed when the company has a good quarter. They’re needed when you’re facing challenges. But if you step up quickly and communicate your plan to move forward clearly, you can get employees solidly back on board and ready to move ahead together.