What's a critical success factor for senior leaders in any organization?

COMMUNICATION. Clear, concise, consistent communication is a critical success factor for any executive regardless of industry.

A McKinsey study revealed that effective communication can increase company productivity by 25% when team members are connected and aligned. Another study showed that effective communication improves company decision-making processes and overall company performance.

There are many ways to communicate (written and oral). Here are just a few:

1. Email

2. Team Meetings

3. Town Halls

4. Intranet website

5. Newsletter

6. One-on-one meetings

7. Phone calls

8. Texting

Modern communication tools provide many avenues for effective communication. Do you take advantage of all these tools?