what is the best approach for a team to keep the stakeholders continuously updated on the work status?
Answers
Sending daily weekly and monthly status report
Explanation:
What is the best approach for a team to keep the stakeholders continuously?
The best way to keep stakeholders constantly updated on the status of work is to see what stakeholders' preferences are. If the stakeholders are interested in the business, what could be the best option for them.
Stakeholders include investors, employees, customers and suppliers. All these have some kind of relation with the business organization. Therefore, it is necessary to continuously update their working status. The investors should be given continuous reports about the working and profit of the organization. This report can be monthly or quarterly. The annual report of the organization should also be published continuously so that investors can get an assessment of the true position of the company. Apart from this one should also know the position of the investors and consider the best option as per their choice.
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