What approach helps a board ensure alignment with stakeholder interests?

Engaging stakeholders consistently throughout the decision-making process is the most effective approach for ensuring alignment with their interests. This method involves actively seeking input and feedback from stakeholders at various stages, which not only helps in understanding their priorities and concerns but also fosters a sense of ownership among them regarding the decisions made. By including stakeholders as part of the conversation and considering their perspectives, boards can create strategies that are more likely to resonate with the values and expectations of those impacted by the organization’s actions. This ongoing dialogue builds trust, improves transparency, and enhances the board's ability to make informed decisions that reflect the collective interests of the organization and its stakeholders.