""Still, I appreciate this time to reflect when our confidence is shaken a bit. To be honest, we were probably overdue for it." probably the best thing from a

""Still, I appreciate this time to reflect when our confidence is shaken a bit. To be honest, we were probably overdue for it." probably the best thing from a CEO i have ever read. That said, the bar's not terribly high--depending on the CEO, or their mood, or the circumstances, "all hands memos" are nearly always (in my experience) tirelessly optimistic propaganda with no regard for the data, or just the opposite, i.e., "sure we're doing great, but we'd be doing twice as good if you lazy bastards would stop screwing off!" This CEO actually had the courage to send to everyone, a snapshot of their thoughts at that moment. I doubt they teach this in MBA school.