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Some strategies for CEOs to effectively communicate and engage with their stakeholders include repeating the message frequently in various ways to ensure understanding and retention. Encouraging open communication and sharing of critical information can also foster a sense of trust and transparency. Additionally, getting out of the office and meeting key stakeholders on their own turf can provide valuable insights and build stronger relationships. For instance, former Starbucks CEO Jim Donald spent up to half of his time in the field, which allowed him to hear about issues before his executives did.
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There are four behaviors associated with success as a CEO: making decisions with speed and conviction; engaging with others in a way that drives resul...
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Repeat the message, frequently, in numerous ways. Encourage people to open up and share critical information. Get out of your office and meet key stakeholders on their own turf. Former Starbucks CEO Jim Donald says he spent up to half of his time in the field, which meant he often heard about issues before his executives did.
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