Successful CEOs employ various strategies to avoid being fired. They ensure to keep their investors and board members satisfied, as these stakeholders have significant influence over their tenure. This can involve regular communication about the company's performance and future plans, demonstrating strong leadership skills, and delivering consistent financial results. They also often engage in activities to build strong relationships with these stakeholders, such as hosting exclusive events or providing special benefits. However, it's important to note that even with these strategies, no CEO is completely immune from being fired.
How to build trust with your investors and maintain a healthy relationship with them? This Investor...
Download template