Meaning ● Stakeholder-Centric Governance, vital for SMB growth, prioritizes the needs and expectations of all affected parties—employees, customers, suppliers, investors, and the community—in decision-making processes. For SMBs aiming for automation, this framework ensures technology implementations align with stakeholder values, reducing resistance and enhancing adoption. ● Implementation strategies emphasize transparent communication, gathering feedback, and incorporating it into iterative development cycles. It is crucial for building trust, enhancing long-term sustainability, and driving business performance by aligning automation efforts with broader organizational goals and ethical considerations. When integrating new systems, this approach considers the impact on jobs, customer experiences, and supplier relationships, fostering a supportive ecosystem and shared value creation.
