How to Communicate in a Difficult Economy

"Doubts are more cruel than the worst of truths."  — Molière

Over the years, as my own institution, Guilford College, and others have struggled with economic uncertainty and worse, I have often recalled that observation from the 17th-century dramatist. In today's dismal economic circumstances, it is particularly apt.

Presidents and chief financial officers can be tempted to restrict the flow of information and to discuss financial exigencies only with senior

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