David Clair, senior vice president at ICR, shared best practices for managing the communication of bad financial news in the August issue of O’Dwyer’s. “How to Handle Bad Financial News” discusses the value of having a plan and coming clean, in addition to being transparent and realistic, when communicating less-than-great news related to a company’s finances for investors and beyond.
The lessons explored by Mr. Clair are reinforced by real life examples and scenarios witnessed throughout his career – all serving to demonstrate how businesses should navigate the challenges posed by negative financial news and continue working towards success in the long-term.
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