What are the best ways to involve stakeholders in designing new products?
Involving stakeholders in designing new products is a key aspect of corporate social responsibility (CSR). Stakeholders are the people who are affected by or have an interest in your business activities, such as customers, employees, suppliers, communities, investors, and regulators. By engaging them in the product development process, you can gain valuable insights, feedback, and support, as well as improve your reputation, trust, and social impact. But how can you do it effectively? Here are some best practices and benchmarks to help you involve stakeholders in designing new products.