Business Chief APAC+ANZ Magazine December 2020 | Page 33

The Basics of Stakeholder Management
The Basics of Stakeholder Management
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“ Think of stakeholder management as an investment in brand , reputation and building social licence rather than a necessary evil or ‘ just another ’ business process ”

— John Harte , Advisory Member of The Chairman ’ s Network ( Australia )
Like so many organisations and business operations , stakeholder management has not escaped the impact of COVID-19 . With businesses facing reduction in employee numbers and financial budget , Harte has seen “ some companies required to cut their engagement in the face of the crisis due to personnel , budget and business prioritisation issues which have demanded a focus on the urgent rather than the important .”
In addition , Harte has seen the loss of opportunities to meet in person due to the need to maintain social
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