How can companies effectively balance the need for transparency and open communication with the necessity of maintaining confidentiality during times of change and uncertainty?

Companies can effectively balance the need for transparency and open communication with maintaining confidentiality by being clear about what information can be shared and what must remain confidential. They can create clear communication channels for employees to ask questions and express concerns while also setting boundaries on what information can be disclosed. It is important for companies to be honest and transparent about the reasons for change while also respecting the privacy of sensitive information that could impact the organization or individuals. By striking a balance between transparency and confidentiality, companies can maintain trust and credibility with their employees during times of change and uncertainty.