How to Communicate with Your Team When Business Is Bad

Profits are lagging, budgets are stretched, and the layoff rumor mill is cranking into high gear. Your team is looking to you for clarity and reassurance. What can—and should—you tell your team about the true state of the business without sending them into panic mode? How can you highlight the good stuff without creating a false sense of security? And when do you risk glossing over the real issues that need everyone’s attention?