Why Focus on Stakeholders?
Stakeholders make your company function - and determine its potential. A classic list of stakeholders includes:
Stakeholder
A stakeholder is anyone who has a 'stake' in, or is affected by and can affect, a company or organization.
- customers
- financial investors and shareholders
- co-workers
- the media
- the natural environment
- the communities in which one operates
- civil and national authorities
Your future is in the hands of your stakeholders. Without them, your company is nothing more than an inanimate collection of assets and liabilities.
Stakeholder focus is good for business. Already a decade ago, Harvard University conducted a study that shows that stakeholder-balanced organizations have 4 times the growth rate and 8 times the employment growth of companies focused only on shareholders. (At Work magazine, March / April 1999) Since then, study upon study supports these findings.
Contact us to find out how you could profit from taking better care of your stakeholders.