3 ms·
You write it satirically, but I believe that being honest to your employees if such a type of problem occurs, is indeed an important virtue of a good leader.
by wolfgke 9y ago
You write it satirically, but I believe that being honest to your employees if such a type of problem occurs, is indeed an important virtue of a good leader.
- groby_b 9y agoThis depends on the industry you are in, and the kind of people you are leading. Many industries are low-margin and have constant cash flow issues. Telling your employees achieves nothing, in that case - their next job won't be less precarious, they just lose a little bit of piece of mind. You make the active choice that some (who want to see you as a crook anyways, see other replies) think slightly worse of you, while the vast majority can go home and sleep in relative peace. It's a very different situation if cash flow crunch is completely unexpected, or highly likely to be fatal, with stable businesses around. As I said above, the situation is always more complex. You make decisions accordingly :)