GOSORES

• Governance


  The process of decision-making and the process by which decisions are implemented (or not implement)
• Examples of CSR

  • Donations and sponsorships
  • Operational initiatives such as environmental, social, and workplace
• Types of CSR

  • Environmental social responsibility
  • Ethical/human rights social responsibility
  • Philanthropic corporate responsibility
  • Economic corporate responsibility
• Stakeholder Management


  process of interpreting and influencing both the external and internal environments exist in your product life cycle by creating positive relationships with stakeholders through the appropriate management of their expectations and agreed objectives.
• Stakeholder Management


  1. Systematically identifying stakeholders, analyzing their needs and expectations, planning and implementing various tasks to engage with them.
• Stakeholder Management


  1. Preparing a strategy based on information gathered during identification and the analysis phase

  2. Aiming to support the strategic objectives of your organization and the products
• Stakeholders


  Individuals or groups that have an interest in any decision or activity of an organization
• Stakeholders


  A party that has interest in a company and can either affect or to be affected by the business
• Entity's Stakeholders


  • Internal
  • External
• Internal Stakeholders


  • Employees
  • Managers
  • Owners
• External Stakeholders


  • Suppliers
  • Society
  • Shareholders
  • Creditors
  • Customers
  • Government
• Shareholders/Owners


  Want to ensure the business is successful and are interested in how much profit the business can make
• Managers


  Want a good salary and opportunities for further progression
• Employees


  Want good levels of pay, job satisfaction and job security, and may also be interested in career progression
• Customers


  Want good quality and a range of products at reasonable prices
• Pressure Groups


  Want to increase knowledge of their cause
• Suppliers


  Want to receive payment on time, and regular orders
• Local Community


  May be looking for work, which local businesses can provide
• Government


  Want businesses to create more jobs in order to raise money from taxes and save money on benefit payment
• overview of good governance and social responsibility

  Used to interchangeable worldwide to show their association with the activities carried out for the goodness of society
• HIGH INFLUENCE AND HIGH INTEREST STAKEHOLDERS


  • Key stakeholders who play a key role and have a high impact on the success of the project
• IDENTIFY STAKEHOLDER


  Conduct a stakeholder analysis to create a list of stakeholders that should be involved in the project
• What should be included in the stakeholder registration

  • Name of the business
  • Their current role
  • Role in the project
  • Contact information
  • Their impact on the project's success
• Identify each stakeholder's role and impact


  Second step to incorporate stakeholder
• Prioritize stakeholders


  Third step to incorporate stakeholders
• Develop a communication plan for stakeholders


  Last step to incorporate stakeholders
• Stakeholder development plan


  Depends on having a comprehensive communication plan that spells out the frequency and types of communication with all stakeholders
• Details in the project communication plan

  • Description of the type of communication
  • The frequency of communications
  • The format
  • The participants for each type of communication
  • Distribution for the communications
  • The final deliverables
  • The owner of each communication
• STAKEHOLDERS ENGAGEMENT


  Pertains to how engaged stakeholders are, what they want, when they want it, how the company plans and actions will affect their goals