You might think that only the “senior” people in your organization feel like they have a “stake” in its current operations and future. You would be wrong. I have heard all of the excuses. “They don’t know enough about the substance of the issues to provide input.” “They don’t really care.” “We already know what they think.” Wrong, Wrong, and Wrong. There are … [Read more...] about The Importance of All Stakeholders
stakeholder management
The Value of Nurturing Stakeholders
You know it’s something you should spend more time on, but it gets put on the backburner. This blog is dedicated to encouraging you to take “nurturing stakeholders” from your “C” list and moving it up to your “A” list. We all know how important it is to have strong relationships with our stakeholders, whether they are donors, board members, volunteers, alumni, people … [Read more...] about The Value of Nurturing Stakeholders
Don’t Compromise on Strategy
Sometimes compromise is necessary. If a group can’t reach collaborative consensus then you have to move to voting, where different factions give up something they want in order to make the result the least distasteful option available – that will get the required votes. The results are quite sub-optimal and, by the way, this describes our current situation (for years) in … [Read more...] about Don’t Compromise on Strategy
Ignoring Stakeholders
One of the first things I do in a strategy consulting engagement is to encourage organizations to create ways to meaningfully involve stakeholders in the process. Often I get responses like: “We already know what they think.” “We just don’t have the time.” “Huh? Why would we do that?” We use the term “stakeholders” to refer to any person inside or outside of the … [Read more...] about Ignoring Stakeholders