Moodgal: Proactively Disclosing Bad News Beats Letting Rumors Fester
Rahul Moodgal · Rahul Moodgal - Master Fund Raiser (Capital Allocators, EP.87) · Feb 18, 2019 · at 17:02
Rahul Moodgal discusses crisis management and communication cadence for investment managers handling bad news.
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“If someone's leaving, just tell them, because a rumor mill is faster than you can ever be. And the key thing is to take control of the situation. And if you take control of it at the beginning, then you're going to be able to deal with it. And you'll take whatever bad news comes your way, but if you leave it, and it starts to fester, having been in that situation a couple of times, everyone's calling you, going, I've heard this, I've heard that. And you've lost control.”
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