Development of Stakeholder Management Systems
Managing relationships with stakeholders is essential, and having the correct systems in place to ensure that this is done, is equally important. Responsible treatment of all stakeholders, whether they be employees, shareholders or local communities, is positive from an ethical perspective and also has significant business benefits.
At The Reassurance Network we have completed a number of projects that have involved the management of stakeholder relationships. We work with clients, engaging them with a wide range of stakeholders all over the world, so that companies better understand those they impact, and as a result manage this impact more effectively.
While stakeholder engagement programmes are useful exercises for companies to understand their stakeholders, we also see great value in having effective systems to manage relationships with stakeholders. We help businesses develop policies, strategies and systems that can enable them to get the most out of these relationships, and try to help companies gain real added-value from engagement, acting on information gathered for the benefit of the company as well as the stakeholder.
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Client: The Travel Foundation
As a part of a wider project, The Reassurance Network helped The Travel Foundation by reviewing their stakeholder management and researching their stakeholder impact.
Stakeholder Mapping & Issue Identification
A large part of being a responsible company is about how you manage your impact on your stakeholders. We can help businesses do this by mapping their stakeholders and identifying the key issues they face.
Execution of Engagement Programmes
We have developed and undertaken a number of stakeholder engagement programmes, of varying sizes, in a variety of different sectors, languages and cultures.
The Travel Foundation:
"The Reassurance Network has undertaken two separate and independent reviews of The Travel Foundation's work. Our experience was of a highly professional, thorough and pragmatic analysis, conducted in a very personable style, and delivering considered and useful recommendations - the great majority of which we have been able to put into immediate practice. The process has provided both reassurance to our stakeholders and helpful guidance to our board."
