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Stakeholder Engagement - Cranfield School of Management ...

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Executive Summary<br />

This guide seeks to identify, explore and elaborate the essential elements <strong>of</strong> meaningful relations and<br />

the concomitant internal environment in an organisation that most enhances its ability to obtain value<br />

from NGO and community stakeholder relationships.<br />

The guide is designed to provide strategic advice to senior<br />

executives who shape and lead institutional policy towards<br />

stakeholders, and practical guidance and case studies to<br />

operational managers who engage regularly with stakeholders.<br />

Reading this guide will help you to be better able to establish<br />

conditions for meaningful engagement by more effectively<br />

recognising, analysing and utilising opportunities and challenges<br />

to building relations; and through exploring issues above and<br />

beyond the simple identification <strong>of</strong> stakeholders and immediate<br />

‘unprepared’ initiation <strong>of</strong> conversations. It seeks to reflect the<br />

reality <strong>of</strong> managers’‘on the ground’ experience, by drawing on<br />

lessons learnt from past incidents, highlighted by practical<br />

examples.<br />

This How-to guide is written primarily for:<br />

❖ Managers moving into a new position who for the first time<br />

have to engage external stakeholders rather than simply<br />

manage transactional relations<br />

Managers should be able to answer:<br />

❖ Who are our stakeholders?<br />

❖ How do we / will we segment our stakeholders?<br />

Box 1: Getting Started<br />

❖ What benefits can we expect from meaningful stakeholder engagement?<br />

❖ What information sources do we already have about our stakeholders and their views?<br />

7<br />

❖ More experienced managers who are seeking to improve<br />

their organisation’s Corporate Responsibility and<br />

Sustainability performance, or who may want to reflect on<br />

their organisation’s approach to stakeholder engagement,<br />

especially when facing hostile communities or unfamiliar<br />

NGOs’ campaigns<br />

❖ Specialist Corporate Responsibility managers looking for<br />

additional tools and techniques to share with operational<br />

managers facing environmental, social and governance<br />

challenges<br />

Section 2 examines why an organisation should engage with<br />

stakeholders, while Section 3 explores practically how an<br />

organisation can establish stakeholder relations. Section 4<br />

examines critical success factors in meaningful engagement and<br />

outlines recommendations on how to build conditions and<br />

capacities for meaningful relations.<br />

Readers can go through the guide section by section or refer to<br />

specific section as and when they need that information – as an<br />

aide memoire. Box 1 below gives examples <strong>of</strong> the type <strong>of</strong><br />

information you can find as and when you need it.<br />

❖ What, therefore, do we think are the principal stakeholder wants and needs (SWANS), and the organisation’s wants<br />

and needs from stakeholders (OWANS)?<br />

❖ What are the organisation’s priorities for better understanding SWANS (for example, where are the significant<br />

knowledge gaps; where particularly important stakeholders’ wants and needs seem to be changing; where we believe<br />

there already is / could be significant and potentially damaging gaps between SWANS and OWANS?)<br />

❖ Armed with this better information, where is the potential for reducing risks and increasing opportunities from better<br />

aligning SWANS and OWANS; and where are the biggest threats from gaps between SWANS and OWANS?<br />

❖ What is the best methodology for meaningful engagement with key stakeholders?<br />

❖ What does the organisation need to do to maximise chances <strong>of</strong> success?<br />

❖ How does the organisation learn and continuously improve meaningful stakeholder engagement?<br />

1<br />

Executive Summary

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