Howard Schultz shares valuable insights on navigating financial disappointments and the inevitable challenges that come with leading a company, emphasizing the importance of resilience and perseverance.
Schultz's open letter to Starbucks' management, despite lacking specific turnaround strategies, provides sound advice applicable to all business leaders facing tough situations, highlighting the need for introspection and adaptability.
The article discusses how Schultz's acknowledgment of his own past bad quarters serves as a comforting reminder to current leaders that setbacks are part of the journey even for the most successful CEOs.
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