How can you build trust and mutual understanding with stakeholders through advisory panels?

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If you want to improve your corporate social responsibility (CSR) performance and reputation, you need to engage with your stakeholders effectively. Stakeholders are the people or groups that have an interest or influence in your business, such as customers, employees, suppliers, investors, regulators, communities, and civil society. By listening to their needs, expectations, and feedback, you can align your CSR strategy with their values, address their concerns, and create shared value. One of the best ways to do this is by forming advisory panels.

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