Bill Canady says leaders kill credibility with happy talk. For every risk you name, have a concrete countermeasure ready. Boards spot denial or despair instantly, and either one tanks trust.
Chapters
Be critical. No happy talk. Happy talk kills credibility faster than bad news ever will, and it kills it permanently, right? People think you're faking it. Leaders don't trust perfect stories, and neither should you. They trust prepared ones. So every risk you name, you name with the countermeasures attached to it. Never a risk alone. Never a countermeasure without the risk it answers. That's the Stockdale Paradox operationalized. Unflinching honesty about the difficulty in front of you, paired with a clear path and an absolute confidence you'll prevail. Both halves. One without the other is either denial or despair, and boards can smell each of them from a long ways off. You don't want to smell.