The Stakeholder Engagement Manual Volume 2 - AccountAbility
The Stakeholder Engagement Manual Volume 2 - AccountAbility
The Stakeholder Engagement Manual Volume 2 - AccountAbility
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STAGE 5<br />
SUGGESTED METHODOLOGY M17:<br />
DESIGNING AN ASSURANCE PROCESS<br />
Th e purpose of this methodology is to design a process that serves to assure your<br />
stakeholders that the preparation of the engagement, the engagement process itself<br />
as well as the decisions on and implementation of outcomes are undertaken in a fair,<br />
transparent and responsive manner under due consideration of the stakeholders’<br />
expectations.<br />
• Use the table below to guide you through the diff erent considerations and<br />
options. It is important to start thinking about assurance early in the process;<br />
ideally you want to involve an assurance provider right from the outset of<br />
the engagement process when making initial decisions about the materiality of<br />
stakeholders and issues. Alternatively good documentation of previous steps, as<br />
well as consultation with stakeholders, can also allow an assurance provider<br />
coming into the process at a later point to provide a certain level of assurance.<br />
• A suitable assurance provider is, in general, a person, or a group of people<br />
(e.g. a stakeholder panel or professional assurance provider), who is and can be<br />
seen to be independent of the business and which is in a position to challenge<br />
and question the business’ approach to engagement. Apart from that, they of<br />
course need to be competent to undertake the required assurance process.<br />
• Ensure that this assurance provider possesses legitimacy with your stakeholders.<br />
• Overall, it is important to agree the design of the assurance process with your<br />
stakeholders. Th is includes that you agree with them on the scope and subject<br />
matter of the assurance process, on the principles that will be applied to this<br />
subject matter, and on the level of assurance that will be pursued in the process.<br />
THE PRACTITIONER'S HANDBOOK ON STAKEHOLDER ENGAGEMENT | 129