I learned about the Stakeholder Responsibility a long time ago, albeit it with a little different angle - we called it the Stewardship Circle. The concept was essentially the same - we are at the center of the circle, a hub and spoke scenario if you will, and have people/relationships that count on us.
* Our employees look to us to pay them a fair wage for their work, make their daily life with us a happy one, etc. - to help feed their family and give them a nice place to work
* Our vendors expect for us to pay them timely. To some we are their main income. We have to respect that.
* Our customers expect us to perform and to charge a fair price.
* Our banks expect us to manager our finances appropriately, to pay back what we owe, etc.
* Etc.
Basically we realized that every one of the relationships we had were people/businesses that had chosen to invest in us. That's why we approached it from a steward perspective - "to manager or look after (another's property)". They are investing their time, money, lives! with us and we need to treat it with the respect their deserve. That is part of what drew me to my current company - our purpose is to provide a place where all people are valued and treated with humility and respect.
For my personality this is pretty straightforward. At my core lives the value of doing things right and treating others the way I want to be treated. I therefore always try to take this into account when dealing with any of my stakeholders. Now... it does get difficult at times, for example when I have to step in to the situation of a customer slow (or not) paying us, but the drama triangle helps with that to think "what do I want/need" from the conversation and to try and be a creator and a challenger, not a persecutor.
Regards,
Steve