Overcommunicate — even in the bad times

It’s easy to share good news with your employees, but it’s just as important to keep them in the loop when things are less than ideal. Pacific Biosciences chairman and CEO Hugh Martin stresses the importance of overcommunication in this Entrepreneurial Thought Leader Lecture given earlier this year at Stanford University.

Martin holds a weekly company-wide meeting in which he shares information about strategies, funding and other big-picture items. That openness, he says, gives employees context and makes them feel like critical stakeholders.

http://ecorner.stanford.edu/swf/player-ec.swf

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About the Author,

Chris Morris is editor of the Entrepreneur Corner on VentureBeat, helping start-up business owners launch and grow their companies. He previously worked at Yahoo! Finance, where he was managing editor, and as director of content development at CNNMoney.com. He is also a widely respected journalist in the video game and technology fields, whose work has appeared in Variety, CNBC.com, AOL and Forbes.com. Follow him on Twitter at @MorrisatLarge

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