A crucial initial action upon the introduction of a new stakeholder is onboarding. Onboarding refers to the structured process of integrating an individual or group into a project, team, or organization. For instance, when a new investor joins a startup, the initial action involves introducing them to the team, the product, and the company’s vision.
The importance of this initial onboarding lies in setting a strong foundation for future collaboration and success. Effective onboarding promotes stakeholder engagement, understanding, and alignment with project goals. Historically, failing to prioritize onboarding has led to misunderstandings, miscommunication, and ultimately, project delays or failures.
