Cultivate strong relationships with stakeholders from "summary" of Think Like A CEO by Byron Morrison
As a CEO, one of the most crucial aspects of your role is to build and nurture strong relationships with your stakeholders. These relationships are the foundation of your success and can make or break your business. Stakeholders include employees, customers, investors, suppliers, and the community at large. Each of these groups plays a vital role in the success of your company, and it is essential to cultivate strong connections with each of them. Building relationships with stakeholders requires time, effort, and a genuine interest in their well-being. It is not enough to simply reach out to these groups when you need something from them. Instead, you must invest in building authentic connections based on trust, respect, and mutual benefit. This means taking the time to listen to their concerns, understand their needs, and communicate openly and honestly with them...
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