One of the lessons learned from rescuing corporations is that managers cannot promise things that are not feasible to be achieved during a crisis management.
If you create expectations and don’t deliver it, stakeholder’s loose faith on your business and become defensive from every move or deal to be done with your company and in times that you need their full support; this misinformation might lead to an early administration.
When times are difficult creditors, employees, financiers appreciate simple things like sincere communication, integrity and honesty.
Our Vantage Performance team is looking forward to interacting with you again.
Regards,
Pedro Bueno
Vantage Performance Team
Turnaround Management Specialists
www.vantageperformance.com.au
01 December 2008
Never Promise more than What you Can Deliver
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