And in this dreadful economy, communication is more important than ever. It's my #1 recommendation for clients asking about how to manage through this downturn.
Some more validation for this advice comes from Hanah Cho at the Baltimore Sun, who quotes a study that says
71 percent [of workers] believe that their company's leaders should be communicating more about current economic problems. And 54 percent of workers said they have not heard from management at all on the impact of the financial crisis on their companies.
Employees have a right to know what's going on in their company. Avoiding these discussion leads to higher anxiety, and lower productivity.