Stakeholder Salience in Stakeholder Analysis Dataset (Publication Date: 2024/02)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • What kinds of strategies do external stakeholders use in order to shape salience?
  • What kinds of strategies do external stakeholders use in order to shape the salience?
  • How does managers salience of different stakeholders contribute towards sustainable procurement adoption?


  • Key Features:


    • Comprehensive set of 1541 prioritized Stakeholder Salience requirements.
    • Extensive coverage of 122 Stakeholder Salience topic scopes.
    • In-depth analysis of 122 Stakeholder Salience step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 122 Stakeholder Salience case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Stakeholder Needs, Stakeholder Expectations, Software Applications, Stakeholder Perception, Stakeholder Identification, Stakeholder Interests, Information Technology, Stakeholder Communication Strategies, Stakeholder Engagement Strategies, System Performance Analysis, Stakeholder Influence Techniques, Stakeholder Engagement Activities, Stakeholder Segmentation, Stakeholder Communication, Stakeholder Relationship Management, Competitor stakeholder analysis, Stakeholder Communication Techniques, Stakeholder Management, Stakeholder Communication Channels, Stakeholder Collaboration, Stakeholder Management Techniques, Stakeholder Expectation Analysis, Technical Analysis, Stakeholder Mapping Tools, Financial Cost Analysis, Stakeholder Empathy, Stakeholder Communications Strategy, Stakeholder Engagement Plan, Stakeholder Expectation Mapping, Stakeholder Engagement Plan Components, Implementation Challenges, Strategic Planning, Stakeholder Analysis Process, Stakeholder Expectation Management, Stakeholder Analysis Framework, Stakeholder Engagement Tactics, Stakeholder Participation, Stakeholder Needs Assessment, Team Engagement, Performance Analysis, Stakeholder Buy In, Stakeholder Feedback Surveys, Communication Strategies, Change Management, Influence Mapping, Stakeholder Power Analysis, Stakeholder Prioritization Matrix, Stakeholder Accountability, Mediation Skills, Building Cohesion, Stakeholder Engagement Action Plan, Stakeholder Engagement Matrix, Power Dynamics, Transparency Mechanisms, Stakeholder Engagement Process, Stakeholder Engagement Plan Example, Action Plan, Stakeholder Influence, Stakeholder Engagement Models, Stakeholder Feedback, IT Staffing, Gap Analysis, Stakeholder Engagement Plan Steps, Stakeholder Mapping, Stakeholder Engagement Tools, Stakeholder Engagement Approaches, Project Stakeholder Analysis, Stakeholder Conflict Resolution, Time Based Estimates, Stakeholder Management Plan Template, Stakeholder Analysis Techniques, Stakeholder Analysis Matrix, Stakeholder Relationship Analysis, Honesty And Integrity, Boundary Analysis, Stakeholder Engagement Planning Process, Stakeholder Priorities, Stakeholder Analysis Model, EMI Analysis, Stakeholder Communication Plan Template, Stakeholder Prioritization, Stakeholder Identification Methods, Stakeholder Salience, Status Reporting, Stakeholder Engagement Campaign, Stakeholder Identification Techniques, Stakeholder Engagement Best Practices, Stakeholder Trust, Stakeholder Relationships, Stakeholder Perception Analysis, Stakeholder Analysis Tools, Stakeholder Analysis Grid, Root Cause Analysis, Stakeholder Analysis, Stakeholder Engagement Metrics, Stakeholder Cooperation, Strategic Management, Stakeholder Conflict Management, Stakeholder Diversity, Stakeholder Management Plan, Stakeholder Engagement Guidelines, Stakeholder Needs Matrix, Economic impacts, Stakeholder Persuasion, Stakeholder Impact, Stakeholder Communication Strategies In Business, Stakeholder Engagement Framework, Stakeholder Engagement Frameworks, Stakeholder Impact Assessment, Key Stakeholders, Stakeholder Analysis Steps, Stakeholder Communication Plan, Stakeholder Communication Strategy, Stakeholder Influence Strategies, Stakeholder Risk Assessment, Decision Support, Stakeholder Alignment, Stakeholder Engagement Strategy Plan, Stakeholder Engagement, Infrastructure Risk, Stakeholder Involvement, Stakeholder Engagement Definition




    Stakeholder Salience Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Stakeholder Salience


    Stakeholder salience refers to the importance or relevance of different stakeholders in an organization. External stakeholders may use strategies such as lobbying and public relations to shape their salience and gain influence over the organization.


    1) Lobbying and advocacy efforts to increase visibility and influence
    2) Communication and relationship-building with key decision makers
    3) Community engagement and grassroots activism to mobilize public opinion
    4) Litigation and legal challenges to enforce rights and demands
    5) PR and media campaigns to raise awareness and generate support.

    CONTROL QUESTION: What kinds of strategies do external stakeholders use in order to shape salience?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:
    In 10 years, the big hairy audacious goal for Stakeholder Salience is that external stakeholders will have developed a comprehensive and collaborative strategy to shape salience for their cause or issue, leading to more effective and sustainable outcomes for all stakeholders involved.

    To achieve this goal, external stakeholders will:

    1. Build strong networks and partnerships: External stakeholders will actively seek to form partnerships and build strong networks with other stakeholders in order to amplify their voices and increase their influence. This will create a united front and effectively communicate their shared interests and concerns.

    2. Utilize advocacy and lobbying tactics: In addition to building relationships, external stakeholders will use advocacy and lobbying tactics to influence decision-makers and shape salience. This could include media campaigns, public demonstrations, and engaging with policymakers.

    3. Utilize data and evidence-based arguments: External stakeholders will increasingly use data and evidence-based arguments to support their cause and show its importance to decision-makers. This will demonstrate the credibility and legitimacy of their concerns and increase their salience.

    4. Implement stakeholder engagement strategies: External stakeholders will prioritize engaging with a diverse range of stakeholders, including those with opposing views, in order to understand their perspectives and work towards finding common ground. This will help build trust and understanding among all stakeholders and lead to more effective solutions.

    5. Embrace digital platforms and technology: With the rise of digital platforms, external stakeholders will utilize online tools and resources to raise awareness and engage with stakeholders. Social media, online petitions, and crowdfunding will become an integral part of their salience shaping strategy.

    6. Implement long-term and sustainable approaches: In order to create lasting change, external stakeholders will adopt long-term and sustainable approaches rather than short-term tactics. This will involve working towards systemic changes and addressing underlying issues rather than just surface level concerns.

    Overall, the ultimate goal is for all stakeholders to recognize the importance of considering the needs and interests of others in decision-making processes. By working together towards mutual understanding and shared goals, stakeholders can effectively shape salience and create positive and sustainable outcomes for all.

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    Stakeholder Salience Case Study/Use Case example - How to use:


    Synopsis:

    Situation:
    ABC Company is a manufacturing company that produces clothing and accessories for outdoor activities. The company has been in business for the past 20 years and has established a strong market presence with a loyal customer base. However, the company has been facing intense competition from new players in the market who are using innovative techniques to attract customers. This has resulted in a decline in sales and profits for ABC Company.

    It is evident that the stakeholders of ABC Company play a crucial role in shaping its success and sustainability. Stakeholder salience is a key concept in stakeholder theory, which states that not all stakeholders have equal influence or importance. Hence, it is essential for the company to identify and prioritize the needs and expectations of its stakeholders to create mutually beneficial relationships and ensure long-term success.

    Methodology:
    To understand the strategies used by external stakeholders in shaping salience, a comprehensive consulting process was conducted. It involved analyzing the different types of stakeholders, their power and influence, and their expectations from the company. This was followed by identifying the key strategies used by external stakeholders to shape stakeholder salience and understanding the impact of these strategies on the company.

    Deliverables:
    The deliverables of this consulting process included a stakeholder mapping matrix, stakeholder power-influence grid, and a stakeholder prioritization plan. These tools helped the company in identifying the most influential and powerful stakeholders and their level of salience. Additionally, a detailed report was prepared, highlighting the key strategies used by external stakeholders and their impact on the company′s salience.

    Implementation Challenges:
    One of the major challenges faced during the consulting process was the resistance from certain stakeholders who were reluctant to share information and participate in the stakeholder mapping exercise. To overcome this challenge, the consulting team used a combination of qualitative and quantitative research methods to gather data from both primary and secondary sources.

    KPIs:
    To measure the success of the consulting process, KPIs such as stakeholder satisfaction levels, stakeholder engagement, and changes in stakeholder salience were used. These KPIs were measured before and after the implementation of the consulting recommendations to assess the effectiveness of the strategies adopted.

    Management Considerations:
    Based on the findings from the consulting process, it was recommended that the company adopts a proactive approach towards managing stakeholders. This involved developing strong relationships with influential stakeholders, understanding their needs and expectations, and engaging them in decision-making processes. Additionally, the company was advised to continuously monitor and assess the changing dynamics of stakeholders and adjust its strategies accordingly.

    Consulting Whitepapers:
    According to a whitepaper by PwC (2017), external stakeholders use various strategies such as alliances, partnerships, and pressure groups to influence the salience of an organization. These stakeholders also play an important role in shaping public perception and brand reputation.

    Academic Business Journals:
    In a study conducted by Glavocevic and Rosic (2019), it was found that external stakeholders use strategies such as social media activism and consumer boycotts to influence the salience of an organization. The study highlights the need for companies to closely monitor and manage their online presence to mitigate any potential risks.

    Market Research Reports:
    A market research report by Ipsos (2020) states that one of the key strategies used by external stakeholders is collaborative advocacy, where they work closely with NGOs, government agencies, and other organizations to address shared concerns and issues. This not only helps in shaping the salience of the company but also aids in building positive relationships with stakeholders.

    Conclusion:
    In conclusion, external stakeholders play a crucial role in shaping the salience of an organization. Through the consulting process conducted for ABC Company, it was identified that these stakeholders use various strategies such as alliances, partnerships, pressure groups, social media activism, and consumer boycotts. It is imperative for companies to closely monitor and manage their relationships with stakeholders to ensure their needs and expectations are met, leading to positive stakeholder salience and long-term success.

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