Dangote Boss Hinges Business Success on Effective Stakeholders’ Management

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The Group Managing Director of Dangote Industries Limited, Mr. Olakunle Alake has hinged success of business organisations on the adoption and implementation of effective stakeholders’ management s…

The Group Managing Director of Dangote Industries Limited, Mr. Olakunle Alake has hinged success of business organisations on the adoption and implementation of effective stakeholders’ management strategies.

Alake listed these stakeholders to include: owners/investors, government officials, regulatory bodies, consumers, staff, distributors, and host communities. Alake stated that effective stakeholder management strategy helps develop and maintain relationships with all parties, mitigate risks, align business goals and eliminate delays.

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