How can I effectively remove a stripped hex head screw?

To effectively remove a stripped hex head screw, you can try using a rubber band or a screw extractor tool to grip the screw and turn it counterclockwise. Another method is to use a rotary tool to create a new slot in the screw head for a flathead screwdriver to grip onto. Additionally, applying penetrating oil or heat to the screw can help loosen it before attempting to remove it.