Reviewing outstanding performance of stellar employee

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Reference no: EM133840920

Question

As a manager, it's easy to deliver good news, whether it's rising stock prices, increased profit, or reviewing the outstanding performance of a stellar employee. It's a completely different story to deliver bad news, like declining revenue, which must be delivered in an honest but sensitive way. How would you communicate the bad news in each of the following scenarios: In spite of heavy investments into new technology, you must report to shareholders that your company's profits have fallen 20 percent. An employee who has been with the company for thirty-five years has been performing under standards for the last seven years. After much consideration, managers have decided that the individual should be let go. It's been left to you to inform the employee.

Reference no: EM133840920

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