Stakeholders: Key players in the corporate environment

February 15, 2024

Stakeholders are individuals or groups that have a direct or indirect influence on or interest in the activities and success of a startup, including investors, customers, employees, suppliers and the community. These stakeholders play a critical role in the strategic direction and decision-making within an organisation, as their needs and expectations must be taken into account to ensure long-term success and sustainable relationships. By effectively managing stakeholder relationships, startups can achieve their goals more efficiently, minimise risks and create a strong foundation for growth and development.