From the background you shared, I suspect you are generally a fan of transparency in business, as I am. However, there are times when transparency does not serve the employees or the company. Broadly sharing information about an acquisition or a divestiture is such a time.
The only mistake I saw in the background you share was having the management team denying interest, as this was clearly a lie. The management team should have simply said that, for the good of the company, they can't comment on any acquisition or divestiture, as this is the honest answer. I believe this would have been a better way of handling communications.
As to how to remedy the situation, I would suggest that the management team acknowledge that they made a mistake, albeit with good intentions. They should explain that, going forward, the management team will not confirm or deny any acquistion or divestiture that is in process, for the good of the company and its employees...
Is this answer helpful? Schedule a free consultation with Bill.
The Support You Need for Extraordinary Results
Business leaders shoulder immense responsibilities — from building client relationships to driving performance to fostering innovation. GUILD offers instant access to relevant experts, to help them overcome key challenges and tap fleeting opportunities.
We value your time. Our goal is to find the right expert for your needs – fast.
To Validated Experts
We prequalify every consultant on our website, and endorse them with our service guarantee.
Anywhere in the country
Constrained by local expertise? We help you hire the top specialists for best results.
1. Search & Shortlist
Search by the expertise you seek. Browse relevant profiles, and shortlist candidates.
2. Register to Schedule
Register as a client to schedule free initial consultations.
3. Choose an Expert
Choose your consultant and mutually decide the scope of work. We can help.