oboloo Glossary

Stakeholder Engagement

Stakeholder Engagement

Stakeholder engagement is a process through which organizations interact with and seek input from individuals or groups who have an interest in or are affected by the organization’s work.

The purpose of stakeholder engagement is to build relationships, understand needs and expectations, and identify areas of common interest. When done effectively, it can help organizations make better decisions, improve performance, and create shared value.

There are many different ways to engage stakeholders, and the approach will vary depending on the context and objectives. Common methods include public meetings, surveys, focus groups, one-on-one meetings, and online forums.

Effective stakeholder engagement requires ongoing communication and feedback. It should be tailored to the specific needs of each stakeholder group and be conducted in a way that is respectful of their time and interests.

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