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I like Johanna's take on the principle of least surprise. It could serve as one more
item in Esther's list of "etiquette for managers". A courteous
manager will not spring surprises on the people she manages. If she
has information relevant to these people's jobs, she shares it as it
comes by it.

I've known managers who hoarded information "in the best interests" of
workers, saving it for inappropriate moments like status meetings.
("Oh, one more item; I met with the board early last week, and they
told me they would pull funding unless we could move ship date two
weeks earlier.") I'm not sure how I'd choose between an abusive manager or a secretive one.