Nasser AlHelali, CIFRS, CPFM, CIA, CDA, CIPSAS, CFM’s Post

🏢 Corporate Governance and Stakeholder Engagement is fundamental in steering organizations towards sustainable success 🌿📈. This strategic approach ensures that companies not only adhere to the highest standards of ethical governance but also actively involve stakeholders in key decisions. 🧭This video is your ultimate guide to understanding how effective governance and proactive stakeholder engagement can lead to unparalleled organizational success, fostering environments where accountability and collaborative decision-making reign supreme. ⬇ Join us to learn how you can implement these strategies to elevate your company's performance and reputation. ⬇ ================================================= If you like this kind of content, give us “💡” and write in the comments: What should we discuss next?  Please subscribe to our YouTube channel: @procurementtactics5578 and together let’s learn ☺️👍. =================================================

"Stakeholder management is broken" - whenever I hear that, it always seems as if people are implying that the process of stakeholder management is broken. As if we can fix it with better tools, or a more streamlined holistic approach. The process of stakeholder management isn't broken, and it doesn't need better tooling. We just never started doing it. Stakeholder management requires two-way communication. The stakeholder is going to voice their opinion and in order for the stakeholder to stay engaged, you need to actually be open to listening to them. And that's where it goes wrong: we don't want our stakeholders to talk back. So we forego communications in the first place, making an ever bigger mess. And this doesn't only apply to businesses: we basically don't want to deal with other people's opinions and how they affect us. That's also the root of the "anti-woke" movement. We just don't want to adjust, compromise and, above all listen to the other person and their needs. Which is funny, because in the past 150 years, most of us have benefitted from those who did listen. Who did adjust. Who did compromise. The privileges of the ruling class is nothing compared to those of 1850. They listened when we needed investments in healthcare, sanitation, civil rights. In part because of the threat of rebellion, but still. So maybe those who are privileged in any way should learn to listen, compromise and adjust. And yes, that applies to society as a whole, and stakeholder managers in particular

How do you structure stakeholder engagement and governance at the board level? Our Senior Advisor Beatriz Araujo and Frederik Otto hosted a virtual roundtable last week to discuss this topic in an intimate table discussion with 20 board directors and chairs. We had fascinating insights from our guests and learned about Beatriz' research and recommendations. Some of our key take aways were: - Companies must balance shareholder returns with stakeholder engagement for long-term success. - A stakeholder governance governance framework should help in better decision-making and compliance. - The aim is to ensure stakeholders' voices are heard in material decision-making. - A materiality assessment is essential for understanding which stakeholder issues are most relevant. - Effective stakeholder governance involves more than just formal reports; it requires meaningful engagement and consideration. You can review the details here: https://lnkd.in/eSkf5bXz

🧑🤝🧑 Stakeholder management is a critical part of governance. Engaging the right stakeholders at the right time ensures their input is considered and helps prevent potential roadblocks. How do you involve stakeholders in your governance process? #P3MGovernanceMonth #StakeholderManagement #Engagement

Public sector projects impact entire communities, and the scrutiny they face can be intense. That’s why stakeholder management needs to be strategic and thoughtful. How are you ensuring your stakeholders feel heard? Discover why it matters in our latest blog! https://lnkd.in/egiV9vjG #Executives #ChangeManagement #DigitalTransformation #PublicSector #BusinessTransformation #Contractors #Strategies #ManagementConsulting #InterimManagement #Malikshaw

⭐️Governance support for your business from Brighter Consultancy ⭐️ We will help you establish… 👉A comprehensive governance and control model 👉A model that aligns with business best practices and objectives 👉Robust processes for issue management and decision-making 👉An agreed process for conflict resolution Head to our website for more details https://lnkd.in/eJZAAeRV #Governance

LAND & ENGAGEMENT TIPS: This week's highlight 5 Tips for Up-leveling your Stakeholder Records & Relationship Management Stakeholder records management has become a vital, and non-negotiable piece of any successful development project. Capturing conversations, commitments and issues effectively, reduces non-technical risks, alleviates delays, and can improve your stakeholder relationships. One of our amazing Analysts and Lead for Stakeholder Records Management at BRITT RADIUS, Jennifer Massop, shares some tips: ✍ Know your audience ✍ Consistency from the start ✍ Have a point person ✍ Be non-routine ready ✍ Pick the right tool Read more on our blog: https://lnkd.in/gq55nFwe #Land #Engagement #Stakeholders #RecordsManagement #Clarity #Consistency #NonTechnicalRisks #RelationshipManagement

Governance is key to your business and we can help you establish this. Head to our website on the link below #Governance

🌟 Supporting Your Organization in Implementing IT Governance 🌟 If your organization is struggling with implementing IT governance, there are several ways you can help: 1️⃣ Advocate for the importance of IT governance and its benefits to senior management. 2️⃣ Offer to research best practices and provide recommendations for improvement. 3️ Collaborate with IT and business teams to develop and implement governance frameworks. 4️ Provide training and support to ensure all staff understand and adhere to governance policies. 5️ Monitor progress, gather feedback, and continuously improve the IT governance processes. Your support and involvement can make a significant impact on your organization's success in implementing effective IT governance. Together, we can drive positive change! 💪🔒 #ITGovernance #SupportingSuccess #TeamWork

In a world increasingly focused on sustainability, how can companies ensure their contract management practices support ESG commitments? We are excited to hear SaBine Deppert from AT&T explore the transformative journey of prioritizing sustainability in every procurement decision, emphasizing the need for a holistic mindset change at the 6th World Contract Management Summit coming to Berlin September 12-13, 2024. Explore these insights and more at an outstanding two-day event filled with networking opportunities and the latest developments in CLM. Discover more about the event at: https://lnkd.in/dKiYcQ8H #ContractManagement24 #ContractSummit #Contracts #ContractManagement