Why is it critical to update stakeholders regularly during the consolidation phase?

Updating stakeholders regularly during the consolidation phase is essential for keeping them informed and encouraging their support. Stakeholders play a crucial role in the success of any initiative, and when they are regularly updated about progress, challenges, and successes, it fosters a sense of ownership and engagement in the process. Regular communication helps to build trust and transparency, which are vital for maintaining stakeholder confidence and motivating them to contribute positively.

Additionally, informed stakeholders are more likely to offer constructive feedback and support, which can help in overcoming obstacles and sustaining the benefits of any changes made. When stakeholders feel connected to the initiative, they become allies rather than passive observers, enhancing the likelihood of long-term success. Therefore, keeping them informed is a proactive way to strengthen relationships and ensure ongoing collaboration.