Stakeholder Relationship Management

  

About this Course

People are most important in the complex ecosystem of interdependent parts of an organisation. So how do you build a close working relationship with your stakeholders in today's world of information overload, fast-moving happenings and ever-changing office arena? How do you communicate effectively, have their ears and hearts, and affinity? Through this course, you will better understand your stakeholders, develop a positive working relationship based on cooperation and mutual respect, and maximise long-term benefits.

Learning Outcomes:

  • Better identify your organisation's stakeholders
  • Manage their expectations through strong rapport and an enhanced working relationship
  • Effectively communicate through identifying and overcoming communication barriers in a 2-way communication environment
  • Apply stakeholder relationship management techniques to gain stakeholders' confidence and cooperation in new product roll-outs, news announcements, issues management and crisis, etc.

Course Outline:

Stakeholders' interest and expectations

  • Definition of a stakeholder
  • What is at stake?
  • Who are your stakeholders?
  • Stakeholder interests
  • How stakeholders impact an organisation
  • Stakeholder, Shareholder, Target Audience
  • "Needs" and "Wants" of stakeholders
  • What customers really want
  • How to create a stakeholder grid

Stakeholder engagement techniques

  • What are stakeholder relationships
  • Principles of engagement
  • Framework of engagement
  • 5Cs for interacting with stakeholders
  • Benefits of engagement
  • Areas of focus

Effective communication to enhance outcome

  • What are stakeholder communications?
  • Barriers to communication
  • Communication techniques
  • Key messages
  • Soft skills
  • East and West – difference
  • Impact of globalisation on stakeholder relationship

Relationship threats

  • Personality types and office behaviours
  • Dealing with office politics

Sustaining the relationship fostered

  • Leveraging stakeholder relationship to improve business performance

Group Exercises/Case Studies/Role Play

Who Will Benefit?

Executives from the realms of Relationship Management, PR & Advertising, Investor Relations, Sales & Marketing, Human Resource and anyone who strives to build a successful and lasting working relationship with anyone!

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