I learned at an early stage in my career, that’s its best to tell your boss early when you have bad news.
Most people hate to be the last to know, and that feeling is magnified when it comes to someone who is responsible for making a lot of decisions.
Some think that its better to not share things with the boss that might distract them. Maybe they are too busy and you think it is just better to not interrupt them. Maybe you are too busy and you just forget.
However, none of this is what any boss wants.
Being surprised is never a good thing when it comes to running a business. Trying to balance the budget, execute a strategic plan or deciding where to put time and energy is hindered when bad news pops up last minute.
You can find countless business experts and great leaders saying its good to get bad news early.
I bet you can’t even find one credible source that says its better to get bad news late.
And this just doesn’t go for bad news. It’s really any news that can impact the business in a significant way. And this is especially true when it come to news impacting the budget.
Having a good reporting process or regular staff meetings helps.
Always remember, without the latest and most up to date data, making good decisions is impossible.
So do yourself, your boss and your company a big favor and give them the bad news early.