Liam Cox Discusses Why Transparency is the Foundation of Stakeholder Engagement
In today’s business world, people expect honesty. Stakeholders whether they are customers, employees, investors, or communities want to know the truth about how a company works, makes decisions, and handles challenges. Liam Cox believes that transparency is not just a good practice, but the very foundation of building strong and lasting relationships with stakeholders. Why Transparency Matters Transparency simply means being open and clear. When businesses share information honestly, it helps people understand what is happening and why. This creates trust. If companies try to hide things or only share positive news, stakeholders may start to doubt them. Being transparent shows respect and helps build a reputation for reliability. Building Trust Over Time Trust doesn’t come instantly, it grows over time through consistent communication. Liam Cox explains that businesses must share information regularly, not just when something big happens. Openness about both successes and strugg...