Britney Blomquist, August 16, 2022
In this blog, we’re covering five best practices to improve stakeholder engagement, but even just doing this research is a best practice in itself!
In stakeholder engagement, social capital is often about the social relationships and networks built based on shared values and trust, which can help facilitate cooperation.
It’s the “level of mutual recognition, understanding and trust established by the firm with its stakeholders” (Dorobantu, Henisz, & Nartey, 2012).1
Whether you’re focused on stakeholder engagement risk management, meeting regulatory requirements, or working on developing positive stakeholder relationships, stakeholder trust is a vital part of it all. We’ve compiled this list to help you learn how to build stakeholder trust.
Joining Jambo today for this Q&A blog is Lesley Dickson from CC Goodwin Consulting (CCG). For Lesley’s and the CCG team’s bios, please visit the CC Goodwin Consulting website.
A stakeholder engagement plan is a strategic step-by-step process on how you and your team will communicate with your stakeholders for positive project outcomes.
Are you new to stakeholder engagement? Down our free practical guide to get started!
In public consultation, organizations are looking for input, often on how their project may impact the public (positively or negatively). This public input can help the organization to understand the impacts of their projects, the values of the affected communities, and even new ideas and perspectives that can strengthen the project and create better outcomes for the communities and the project.
Stakeholder relationship management is the process of managing your relationships with different stakeholders and communities.
It’s common to hear the term “stakeholder management,” but it’s important to remember that you’re managing the relationship, not the actual stakeholder. The term stakeholder relationship management focuses on those relationships, which is vital as positive, long-term stakeholder relationships are at the core of successful projects.
Honest, transparent and respectful communication is vital when communicating with your project stakeholders. With this in mind, it’s worth taking the time to choose the best communication methods for reaching your stakeholder groups and researching best practices for utilizing each method.
Today, stakeholder relationship management is a critical component of effective stakeholder engagement. One way to help ensure you’re managing your stakeholder relationships as best as possible is by using specialized software, but what is Stakeholder Relationship Management software (or SRM), and how does it contribute to your stakeholder engagement efforts?
Jambo can help make every part of your stakeholder engagement and consultation program faster and easier.
Schedule a demo to find out more about the cloud-based stakeholder engagement software your team will actually use.
Email us: hello@jambo.cloud
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