MMasters in Business
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CommunicationMike Freno

Transparent Crisis Communication

Reduce uncertainty through frequent, consistent, and candid updates

Difficulty
Easy
Time to result
~days to results
Steps
5
Confidence
94%

Transparent Crisis Communication treats uncertainty itself as an operational risk. Leaders replace episodic announcements with a frequent cadence, explain what is happening, distinguish known facts from unresolved questions, and repeat the same core message consistently across the organization. They disclose difficult developments when possible and explicitly identify information that cannot yet be shared. This prevents employees from filling silence with worse imagined scenarios and helps them understand their role in the response. Regional or functional leaders reinforce the message so distributed teams remain connected without requiring everyone to be physically together. The output is not universal agreement or comfort; it is greater clarity, lower speculative anxiety, and stronger participation. Transparency must still respect legal, personnel, and transaction constraints, but those limits should not become an excuse for avoidable silence.

Origin

Extracted from Masters in Business, where Mike Freno described maintaining Barings' culture after becoming CEO during the COVID-19 pandemic.

Core principles

  • 01Silence allows anxiety-producing narratives to form
  • 02Communication cadence should increase during uncertainty
  • 03Consistency matters as much as frequency
  • 04Share as much as constraints permit
  • 05Employees are participants in the solution

How to run it

  1. 1

    Set the cadence

    Move from occasional updates to a predictable, frequent schedule appropriate to the speed of events.

    Pro tip Communicate even when the update is that material facts have not changed.

    Watch out Long gaps invite speculation and inconsistent local narratives.

  2. 2

    Separate facts from unknowns

    Tell employees what has happened, what it means now, and what remains unresolved.

    Pro tip Use the same categories in every update so changes are easy to spot.

    Watch out Presenting assumptions as facts will damage future credibility.

  3. 3

    Share to the boundary

    Disclose as much as legal, privacy, and commercial constraints permit, then name the boundary plainly.

    Pro tip Explain why a category of information cannot yet be shared without hinting at confidential details.

    Watch out Invoking confidentiality too broadly makes transparency sound performative.

  4. 4

    Reinforce across the organization

    Equip regional and functional leaders to repeat consistent messages and gather local concerns.

    Pro tip Provide managers with a short question-and-answer brief after each company update.

    Watch out Uncoordinated local interpretations can undermine the central message.

  5. 5

    Connect people to the solution

    Explain how employees' actions affect resilience, growth, or recovery so they see themselves as participants.

    Pro tip End each update with the few actions employees can take now.

    Watch out Communication without actionable relevance can become background noise.

In the wild

Weekly pandemic updates

During the pandemic, Barings shifted from infrequent town halls to weekly company-wide communication. Regional heads stayed engaged with teams while leadership consistently explained what was happening with as much transparency as circumstances allowed.

→ A global workforce received clearer information and remained connected during disruption.

A restructuring update cycle

A company facing restructuring schedules weekly updates, separates confirmed changes from pending decisions, explains confidentiality constraints, and gives managers a consistent question-and-answer brief.

→ Employees spend less time reacting to rumors and understand where they can contribute.

Common mistakes

Waiting for perfect certainty

A leader who communicates only after every detail is resolved leaves an information vacuum during the period of greatest anxiety.

Confusing volume with clarity

Frequent messages that contradict one another or obscure the key facts increase rather than reduce uncertainty.

Promising total disclosure

Some matters cannot be shared. Credible transparency acknowledges those boundaries rather than pretending they do not exist.

Is it for you?

Best for

It is best for leaders guiding distributed organizations through disruption, restructuring, or rapid change.

Not ideal for

It is not ideal for situations requiring legal confidentiality unless disclosures are carefully bounded.

From the transcript

“communications was key, and it was it was much more regular speaking to the entire company”

Mike Freno · 21:42

“I would rather know what's going on and know I don't like it than not know what's going on and think I don't like it.”

Mike Freno · 22:47

“having transparency as much as you can.”

Mike Freno · 23:03

From the episode

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Mike Freno

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