Strategic Stakeholder Management: Building Bridges For Business Success

Strategic Stakeholder Management: Building Bridges For Business Success

Category: Leadership and Management Skills Available
For more information, visit our official website at iconictraining.com.my

Description

STRATEGIC STAKEHOLDER MANAGEMENT: BUILDING BRIDGES FOR BUSINESS SUCCESS
DURATION: 1 DAY
TIME SCHEDULE
Time: 9:00am to 5:00pm
Lunch Break: 1:00pm to 2:00pm


INTRODUCTION
In today’s complex business environment, mismanaging stakeholders can lead to project delays, resource wastage, and strained relationships. This training equips participants with practical strategies to overcome these challenges.

Participants will gain a deep understanding of stakeholders' roles and how their diverse interests, needs, and expectations influence project and business success. The program also provides hands-on techniques for identifying and prioritizing stakeholders using tools like power/interest and influence/impact grids. By focusing on the most influential stakeholders, participants can ensure optimal resource allocation and improved outcomes.

To foster engagement, participants will develop tailored plans that address potential risks and offer strategies for mitigating them, creating more productive stakeholder interactions.

Communication is key, and the training sharpens participants' ability to craft clear, persuasive messages. By learning to build trust, manage conflicts, and align expectations, participants will enhance their capacity to build strong, lasting stakeholder relationships.


COURSE OBJECTIVES
 

  1. Understanding Stakeholder Dynamics: Participants will gain a comprehensive understanding of stakeholders' significance in projects and businesses, including their diverse interests, needs, and expectations.
 
  1. Effective Stakeholder Identification and Analysis: Participants will learn practical techniques for identifying stakeholders and prioritizing them based on influence and importance, utilizing tools such as power/interest and influence/impact grids.
 
  1. Developing Stakeholder Engagement Strategies: Participants will explore different approaches to stakeholder engagement and develop tailored engagement plans, considering potential risks and mitigation strategies associated with stakeholders.
 
  1. Enhancing Communication and Relationship Building: Participants will enhance their communication skills, learning to craft clear and persuasive messages for different stakeholders and foster positive relationships through strategies for building trust, credibility, and conflict resolution.



LEARNING OUTCOMES
  1. Improved Stakeholder Management Competency: Participants will demonstrate enhanced competency in stakeholder management, enabling them to effectively identify, analyze, and engage stakeholders in projects and businesses.
 
  1. Strategic Stakeholder Engagement Plans: Participants will develop strategic stakeholder engagement plans that consider stakeholder interests, prioritize stakeholders, and mitigate potential risks, contributing to more successful project outcomes.
 
  1. Enhanced Communication Skills: Participants will exhibit improved communication skills, including the ability to listen actively, select appropriate communication channels, and craft clear and persuasive messages tailored to diverse stakeholder needs.
 
  1. Positive Stakeholder Relationships: Participants will demonstrate the ability to build positive relationships with stakeholders, including difficult ones, by employing strategies for building trust, credibility, and conflict resolution, leading to smoother project execution and greater stakeholder satisfaction.


KEY CONTENT
Module 1: Understanding Stakeholders and Identifying Their Needs
Module 2: Stakeholder Engagement Strategies
Module 3: Stakeholder Communication
Module 4: Stakeholder Relationship Building


TARGET AUDIENCE
Executives and Managers, Stakeholder Management Personals



METHODOLOGY
Interactive Lecture, Videos, Group Discussion, Games, Case Studies, Personal Reflection, Role-Play, and Practical Sessions.

More detail about Iconic Training Solutions Sdn Bhd
Iconic Training Solutions Sdn Bhd
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