How can companies effectively navigate the fine line between transparency and confidentiality when communicating with external stakeholders, such as investors, clients, and the public, during times of change?

Companies can effectively navigate the fine line between transparency and confidentiality by being open and honest about information that is relevant to external stakeholders without compromising sensitive data. They should communicate key updates and changes in a timely manner, while also respecting the need to protect confidential information. Utilizing clear and consistent messaging, and establishing communication protocols can help ensure that stakeholders are informed without breaching confidentiality. Additionally, companies can establish trust by being transparent about their decision-making processes and demonstrating a commitment to ethical behavior.