What Role Do Stakeholders Play in Monitoring Progress?
Stakeholders, including investors, employees, and customers, can provide valuable perspectives when monitoring progress. Entrepreneurs should: - Keep Investors Informed: Regular updates can build trust and ensure continued support. - Engage Employees: Involving employees in the monitoring process can boost morale and provide on-the-ground insights. - Listen to Customers: Feedback from customers can offer direct indicators of how well the business is meeting market needs.