March 31, 2025 by Mike Manazir – (4-5 minutes)
The Brick Chronicles
Building Stronger Connections—
Promoting Stakeholder Engagement
Sarah Thompson, CEO of Baxter’s Bricks, leaned against the conference room table with a smirk. “Alright, team,” she said, scanning the faces of her executive team. “We’re launching a new initiative to strengthen stakeholder engagement.”
Rick Nelson, the COO, arched an eyebrow. “That sounds suspiciously like a corporate buzzword project.”
Sarah grinned. “Not this time, Rick. No endless surveys, no cookie-cutter ‘thank you for your feedback’ emails.”
Rick folded his arms. “So what’s the plan? Skywriting messages of appreciation over our suppliers’ headquarters?”
Sarah chuckled. “No, but now that you mention it…”
The room erupted in laughter, but Sarah’s eyes shone with determination. This wasn’t just about making stakeholders happy—it was about turning them into true partners in Baxter’s Bricks’ success.
Who Nails It… and Who Falls Flat? – Sarah had studied companies that excel at stakeholder engagement—brands that customers, suppliers, and employees love being part of. Patagonia, for example, had built a loyal following by aligning its business with its customers’ values. On the flip side, she had seen companies that treated engagement as an afterthought—where customers felt like just another number and suppliers were viewed as disposable.
“We want to be Patagonia, not ‘Insert-Generic-Corporation-Here,’” she declared. “It’s time to show our stakeholders they matter.”
From One-Way to Two-Way Communication – Sarah’s plan started with an overhaul of how Baxter’s Bricks interacted with key stakeholders. “Engagement isn’t about pushing information—it’s about listening, responding, and involving people in meaningful ways.”
She assigned Rick to lead a Stakeholder Engagement Task Force. “Rick, you’re good at making people listen—even if it’s just to complain,” Sarah teased.
Rick sighed. “Fine. But if this turns into a ‘feelings’ workshop, I’m out.”
Lisa from HR and Tom Jenkins, the Environmental Impact Manager, joined the task force. Lisa was a pro at internal engagement, while Tom had built strong relationships with community leaders through sustainability initiatives.
Their first move? A Stakeholder Advisory Council. Instead of the usual top-down approach, Baxter’s Bricks invited suppliers, customers, and community partners to share ideas and concerns directly with leadership.
Tom launched a “Brick by Brick” town hall series where local developers, contractors, and suppliers could meet Baxter’s team, discuss industry challenges, and pitch collaborative solutions. “If we work together,” Tom explained, “we can build smarter solutions.”
Rick, despite his initial reluctance, introduced an internal Stakeholder Spotlight series. Employees nominated standout customers, vendors, and partners each month, recognizing their contributions. “Turns out,” Rick admitted, “people actually like knowing they’re valued.”
Three Keys to Successful Stakeholder Engagement – The task force identified three critical elements:
- Authenticity Over Formality: No more robotic emails or scripted calls. Sarah personally called key stakeholders to discuss their experiences with Baxter’s Bricks. “Turns out,” she noted, “real conversations build trust faster than a hundred ‘We value your input’ messages.”
- Collaboration, Not Just Communication: Baxter’s Bricks created joint innovation teams, bringing together engineers, suppliers, and developers to solve industry challenges. The result? A new, faster-drying mortar mix that reduced construction delays.
- Consistent Feedback Loops: Instead of an annual survey that disappeared into the void, the team implemented real-time feedback tools. Suppliers and contractors could provide instant input through a mobile platform, and—here’s the kicker—Baxter’s Bricks actually responded.
The Results? More Than Just Talk – Six months in, the impact was clear. Supplier relationships improved, reducing lead times by 12%. Customer loyalty skyrocketed, with repeat business up 20%. Even employees felt more connected, knowing their efforts directly influenced stakeholder trust. And Rick? He admitted, “Fine. Maybe engagement isn’t just a corporate buzzword. But I still draw the line at trust falls.”
Final Thought – Want to strengthen stakeholder engagement in your organization? Start by making it real. Drop the jargon, listen actively, and involve people in the process. Engagement isn’t about checking a box—it’s about creating lasting, mutually beneficial relationships.
“The most important thing in communication is hearing what isn’t said.“
-Peter Drucker
Lead from your heart. Lead to Win.
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