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EPISODE · Apr 13, 2024 · 5 MIN

Reducing Emotional Waste in Business

from Money Lessons with Andrew Temte, PhD, CFA · host saturdaymorningmuse

Your people need to hear from you. Radio silence is a terrible management practice and is a big driver of employee dissatisfaction. In the case of our delayed flight, all the pilot needed to do was provide a 30 second update to passengers regarding why we pulled off an active runway prior to takeoff. That simple action would have prevented unnecessary spinning and emotional waste. You can prevent spinning, gossip, speculation, and emotional waste by being prompt, clear, and as transparent as possible during times of uncertainty in your business.

What this episode covers

Your people need to hear from you. Radio silence is a terrible management practice and is a big driver of employee dissatisfaction. In the case of our delayed flight, all the pilot needed to do was provide a 30 second update to passengers regarding why we pulled off an active runway prior to takeoff. That simple action would have prevented unnecessary spinning and emotional waste. You can prevent spinning, gossip, speculation, and emotional waste by being prompt, clear, and as transparent as possible during times of uncertainty in your business.

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Reducing Emotional Waste in Business

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Frequently Asked Questions

How long is this episode of Money Lessons with Andrew Temte, PhD, CFA?

This episode is 5 minutes long.

When was this Money Lessons with Andrew Temte, PhD, CFA episode published?

This episode was published on April 13, 2024.

What is this episode about?

Your people need to hear from you. Radio silence is a terrible management practice and is a big driver of employee dissatisfaction. In the case of our delayed flight, all the pilot needed to do was provide a 30 second update to passengers regarding...

Can I download this Money Lessons with Andrew Temte, PhD, CFA episode?

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