When to Inform Your Team of Major Developments in Your Business

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When to Inform Your Team of Major Developments in Your Business

Anyone in a leadership position faces the same basic conundrum when it comes to communicating key developments with your team. The questions of how, when, and why can all become a little bit overwhelming when you consider the impact that it will have not just on employee morale but on the business at large. That's why it's important to operate within a few key parameters when disseminating information to your employees. Here are a few key tactics that have been used by professionals across various industries, and will work for you too. 1. Squash Rumors Before They Start: Rampant speculation about business developments, such as mergers, acquisitions, strategy shifts, and more, can be sniffed out by even the most amateur of reporters. An unqualified source here and a mildly-disgruntled employee there, and before you know it, the rumor mill is in full swing, leaving your company completely off-kilter. While you can't address every single rumor that goes throughout the corporate blogosphere, you can deliver nuggets of information that will hold people over until the real news can drop. Moreover, reassure your team that as soon as new developments become available, you will communicate those to your team as well. 2. When In Doubt, Rely On the Facts: People love to pontificate about all the "what-if" scenarios involving businesses, but don't allow yourself (or your team) to be carried about by theories or possibilities. Instead, address them in terms of fact-based conversations: "We don't know that for sure, but we do know that X and Y


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