Often, project managers will step into a stakeholder management plan without consulting or creating a stakeholder matrix, also known as stakeholder mapping. It can seem like an unnecessary extra step – however, making one is essential to the ease of your project. A stakeholder matrix is a simple and effective
Read more →Effective stakeholder engagement is essential to ensure a project is fully successful. For your stakeholder engagement plan to have value and be impactful, it has to be meaningful. But why shift toward meaningful engagement? The goal is to emphasize: corporate social responsibility, more transparency, better reporting, and improved project outcomes.
Read more →The social license to operate refers to the ongoing perceptions, acceptance and approval of a project among its stakeholders, and is granted by the stakeholder community. In order for social license to be determined for a project, efforts have to be made to measure these beliefs and perceptions. Since beliefs
Read more →Strong stakeholder engagement and effective stakeholder management are the cornerstones of a successful project. Do it right, and you’ll save yourself a lot of problems, time and money along the way. Do it wrong…and your project can become derailed before you barely start. But take heart – the key to
Read more →Stakeholder consultation is a common business practice that serves a variety of purposes. It can be mandated by government, be part of corporate social responsibility policies, or a strategic development activity. The communication channels that are opened between a company and stakeholders can ideally result in the strengthening of
Read more →To ensure the highest level of data protection when using a software-as-a-service (SaaS) application to manage stakeholder information, it’s important to pay attention to three components of security: the user, the network, and the application. The user must adhere to established protocols, the data centre must meet high security standards
Read more →A variety of community engagement methods should be considered when planning a stakeholder relations project. Four popular community engagement methods are community meetings, focus groups, surveys and online engagement – and there are pros and cons to using each one. The approaches you use will depend on the groups of
Read more →Municipal governments often need to poll citizens regarding community planning and development initiatives. What do people think about changes to the roads? What are the priorities for new infrastructure spending? How should the local government invest in parks and recreation? These are the types of issues that are particularly well-suited for online discussion
Read more →Effective issues management prevents challenges from becoming major crises. An approach that involves early detection and action helps companies manage their reputation, become proactive with regulators and stakeholders, and identify business opportunities. Throughout the stakeholder engagement process, the team involved in communicating with a company’s stakeholders is not only going to
Read more →Social capital is a collective societal connection and understanding that enables individuals or groups to build trust and to work together. Shared values and connections facilitate co-operation within a network, leading to trust creation and healthy working relationships. When it comes to stakeholder consultation, a network can be a specific company,
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