Leaders can build strong stakeholder relationships by being transparent and sharing information as soon as possible, according to Ken Bowles, CFO at WilsonHCG.
“It sounds obvious, but providing regular updates is key. As leaders, we don’t always have the answers there and then (despite our best efforts!), so it’s important to update stakeholders when you have more details,” Bowles commented.
“Don’t just wait for a prescheduled meeting, though; share the information as soon as you can. It shows stakeholders that you value transparency, and that will help to strengthen relationships,” he added.
You can read the full article by the Business Journals Leadership Trust here.