Course

Corporate Social Responsibility(CSR)

Stakeholder Engagement Training

Effective Engagement: building relationships with stakeholders – Two day Training
Stakeholder Engagement is a process by which companies can learns about the perceptions, issues and expectations of its stakeholders, and uses these views to assist in managing, supporting and influencing their CSR strategy that leads to long-term benefit to the company.

Stakeholder engagement is all about building relationships with people whom the company affects through its work, or who could make an impact on the company success. It is the foundation of effective corporate social responsibility, and refers to the formal management of the human dimensions of change.

By identifying and working with interests that are relevant to CSR, it is possible to develop mutually beneficial outcomes for a wide range of stakeholders. For example, corporations that behave in a socially responsible manner will benefit by creating value for their shareholders (in terms of higher profits), their customers (for example by enhancing the quality of the products), their employees (for example by improving the working conditions), their suppliers (for example by agreeing on fair contracting and payment practices) and the local communities in which they operate (for example through community investment programmes). In other words, socially responsible corporations strive to create value for all their [key] stakeholders.