It’s Never Been More Important for Big Companies to Listen to Local Communities

Harvard Business

Managers who don’t understand the concerns of the communities in which they operate will spend more time defending the company against angry stakeholders than building positive relations with members of the community whose support is critical to their success. ” Building and sustaining local stakeholder support for a major investment is the new frontier of successful management and risk assessment. Alice Potter/Getty Images.

Before a Merger, Consider Company Cultures Along with Financials

Harvard Business Review

Doing a stakeholder analysis to understand the additional challenges from political, regulatory, union, and community sources to be expected in the wake of a merger. CEOs often fear that such analyses require involving too many people, when they have an understandable desire to complete deal negotiations with only a very few trusted lieutenants and advisors involved — and to conduct them in secrecy so as not to alert external markets.