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Cultivate relationships with stakeholders for broader insights from "summary" of What the CEO Wants You to Know by Ram Charan
Building strong connections with stakeholders is essential for gaining deeper insights into the market landscape. Stakeholders encompass a wide range of individuals and groups, including customers, employees, suppliers, and investors. Each has unique perspectives and valuable information that can drive strategic decision-making. Engaging with customers reveals their needs and preferences, allowing a company to tailor its offerings. Listening to employees can uncover internal efficiencies and areas for improvement while fostering a sense of belonging and motivation. Suppliers often have a pulse on industry trends and can provide critical information on cost management and innovation. Investors, with their focus on return on investm...
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