stakeholder-engagement

Vocabulary Word

Definition

'Stakeholder-engagement' involves proactively seeking interaction with those who have an interest in a project or organization. It's like a company discussing plans with investors, employees, and customers.

Examples in Different Contexts

In mergers and acquisitions, leaders often prioritize stakeholder engagement to ensure smooth transitions and to address any concerns from employees, customers, or investors.

Practice Scenarios

Public-Policy

Scenario:

We're looking to implement a new policy for cleaner waterways. It's crucial to get community input on these proposals.

Response:

A stakeholder engagement meeting with the community will ensure their views are reflected in our new clean water policy.

Tech

Scenario:

We’ve been receiving good user feedback on our latest app version. I think we need to strategize how best to incorporate these insights to improve the user experience.

Response:

I agree. Regular stakeholder engagement sessions with our users can provide valuable insights that we can leverage for improving our app.