As markets reel from the effects of newly announced U.S. tariffs, Fortune turned to top leadership experts for insight into how business leaders should respond. Among them was Adam Galinsky, Professor of Leadership and Ethics at Columbia Business School, who emphasized the importance of timely, transparent communication during times of volatility.
Galinsky advised CEOs to avoid waiting for complete information before speaking to investors or employees. “The single worst thing you can do is wait for complete information before you communicate,” he told Fortune, underscoring that people want to feel their leaders are present and proactive—especially in uncertain moments.
He also recommended that CEOs share contingency plans to demonstrate strategic foresight: “Investors need to know that leaders are thinking contingently and strategically,” he said.
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