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Florida International UniversityFIU Digital Commons FIU Electronic Theses and DissertationsUniversity Graduate School5172021How does Stakeholder Engagement and Social Capital Influence Project Performance
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01
Identify all stakeholders involved in the project or process.
02
Determine the level of importance and influence each stakeholder has.
03
Create a plan for engaging with stakeholders throughout the project.
04
Communicate regularly with stakeholders to gather feedback and address concerns.
05
Use various communication channels to reach stakeholders efficiently.
06
Evaluate the effectiveness of stakeholder engagement activities and make adjustments as needed.

Who needs how does stakeholder engagement?

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Any organization or individual undertaking a project or process that involves multiple stakeholders.
02
Businesses looking to improve relationships with customers, employees, suppliers, or other key stakeholders.
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Non-profit organizations seeking to engage with donors, volunteers, beneficiaries, and community members.
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Government agencies working on projects that impact citizens, residents, or interest groups.
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Stakeholder engagement is the process of involving individuals or groups who are affected by or can affect an organization's decisions and activities, ensuring their interests and concerns are considered.
Organizations, particularly those in regulated industries or those seeking funding, may be required to file reports on stakeholder engagement to demonstrate accountability and transparency to stakeholders.
Filling out stakeholder engagement documentation typically involves identifying stakeholders, outlining engagement methods, summarizing feedback received, and reporting on how that feedback influenced decisions.
The purpose of stakeholder engagement is to build relationships, foster communication, gather diverse perspectives, and improve decision-making processes by involving stakeholders in a collaborative manner.
Information on stakeholder identification, engagement methods, stakeholder feedback, impact of feedback on decisions, and any follow-up actions taken should be reported.
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