Review:
Stakeholder Engagement
overall review score: 4.3
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score is between 0 and 5
Stakeholder engagement is the process of involving relevant individuals or groups in decision-making and activities that affect them.
Key Features
- Identification of stakeholders
- Communication with stakeholders
- Consultation and collaboration
- Accountability and transparency
Pros
- Improves decision-making by considering diverse perspectives
- Enhances trust and credibility with stakeholders
- Can lead to more sustainable outcomes
Cons
- Time-consuming and resource-intensive
- Difficult to manage conflicting stakeholder interests
- May slow down decision-making process