Participating with your external stakeholders is an essential means by which businesses preempt future disasters, but also create great value for shareholders and society and not only reduce risk. So why do executives seem to discount "corporate diplomacy," which in many ways is one of the best resources in the executive toolkit to help manage risk effectively? Drawing on his Diplomat framework, the author responds to this question by disclosing the myriad ways that executives are often stymied in their own efforts to optimize their stakeholder possibility. He sketches out the 12 biggest risks to avert. Executives can mitigate their adverse impacts and seize their upside opportunity by identifying the principal hazards in the stakeholder environment.
PUBLICATION DATE: March 16, 2016 PRODUCT #: IIR156-PDF-ENGThis is just an excerpt. This case is about
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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