Can motivate the employees to jump ship. Often time as an employee you are impacted dis proportionately on the downside than the upside.
Can motivate the employees to jump ship. Often time as an employee you are impacted dis proportionately on the downside than the upside.
Smart employees understand this dynamic. When leadership hides information - it always means its bad. The first thing I noticed when I had a bout of bad employers was that they claimed "we can't share financial information because of XYZ investor/legal reason."
Those startups all had major financial problems within 6 months to 2 years. Management has strong incentives to hide bad information from employees.
Most startups fail - it's almost definitional.
Trying to connect the dots like you are attempting to, is a foolish game.
ehh there is a common thread that when management becomes convinced either of falsehoods or that lying to employees is the best strategy, the business outcomes won't be the best either.
Yep, I've worked at two startups which started to really emphasise The Numbers in weekly all-hands meetings, and how we're all in it together to improve them, etc. Both of those jobs ended in redundancy.