4-step Methodology for Stakeholder Engagement Flashcards
Step 1 : Set Boundaries
Define the scope and stakeholders relevant to the engagement
Key Actions :
1. Identify key stakeholders and areas of impact
2. Align with organizational goals and local contexts
Step 2 : Measure Direct & Indirect Impacts
Quantify the organization’s direct and ripple effects on stakeholders
Key Actions :
1. Evaluate environmental. social and economic impacts
2. Use qualitative and quantitative data for assessment
Step 3 : Assess Contribution to Development
Analyze how the organization’s activities support sustainable development
Key Actions :
1. Compare impacts with SDGs or local development goals
2. Identify positive and negative contributions
Step 4 : Prioritize Management Responses
Develop strategies to address identified issues and maximize benefits
Key Actions :
1. Engage stakeholders in co-creating solutions
2. Prioritize actions based on impact significance and feasibility