Meaning ● A Stakeholder-Centric Business, particularly within the SMB sector, prioritizes the needs and expectations of all stakeholders – employees, customers, suppliers, and the community – to drive sustainable growth and automation initiatives. ● This approach, central to successful SMB implementation, fosters trust and loyalty, leading to increased profitability and long-term value creation. A critical operational element is a focus on clear communication and transparent operations. ● Efficiently managing diverse stakeholder relationships allows SMBs to better understand market demands and allocate resources effectively. With respect to business automation and the implementations of newer systems, stakeholder considerations will enable an agile development lifecycle.
