We found out yesterday that one of the kids, who shall remain nameless, was keeping some bad news from us. So today I "lectured" them about the importance of communicating bad news as soon as possible to the "relevant parties".
I told them how I always tell the entrepreneurs that I work with never to surprise their boards (of directors). Convey the bad news right away. I don't know if the following is a true statistic, but it seems like the majority of people (politicians, businessmen, athletes, you name it) who "get in trouble" do so for covering up their mistakes, not for the mistakes themselves.
Tuesday, November 4, 2008
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