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Six Degrees of Separation in Stakeholder Relations
The concept of “six degrees of separation” is a fascinating theory and a powerful tool in stakeholder relations management. It posits that any two individuals are, on average, just six social connections apart. In a world where networks are the lifeblood of business and influence, understanding and leveraging this concept can be the difference between…
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Impact of AI on Stakeholder Relations
Artificial Intelligence (AI) has emerged as a powerful tool with the potential to significantly improve stakeholder relations in today’s rapidly evolving corporate landscape. It can streamline stakeholder communication processes, enhance data analysis, and transform how businesses interact with stakeholders. However, as with any technological advancement, AI also brings challenges and risks that need careful consideration.…
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Avoiding business interruption from stakeholders
In recent years, headlines have been dominated by stories of communities interrupting major projects, sometimes due to genuine concerns and other times driven by the influence of rogue elements, often called the “construction mafia.” While the motivations of these business interrupters vary, these incidents underscore the importance of companies maintaining a strong Social Licence to…
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Role of Effective Leadership
Leadership in any organisation isn’t just about holding a title; it’s about guiding the organisation and its people toward success. When leaders fail to fulfil their responsibilities, the impact on stakeholders—employees, investors, and the broader community—can be severe. Effective leadership is essential for sustainable growth, and the absence of it can have far-reaching consequences. What…
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Communicating an Impending Catastrophe to Stakeholders
In the unpredictable business world, catastrophes can strike anytime, ranging from natural disasters and financial crises to data breaches and product recalls. How these events are communicated to stakeholders can significantly influence a company’s ability to navigate the situation effectively. This article explores the best practices for communicating impending catastrophes, highlighting examples of companies that…
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When Big Business Intimidates Smaller Stakeholders
Image Credit: Adobe Stock Caption: Corporate Bullying is detrimental for both the bully and the bullied We received several requests to expand on the Corporate Bullying article we wrote last week, so this is the response. The dynamics between large and smaller stakeholders are often tense. As the disparity in power and resources grows, an…
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Ubuntu Unplugged
Ubuntu Unplugged KYC Stakeholder Relations LIVE Event with Andiswa Gqamane Tuesday, Jul 23, 2024 9:00 pm – 10:30 pm Conversation with Thabang Chiloane on Investment opportunities for South African communities. Tune in here https://vm.tiktok.com/ZMrHrc8hT/
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The Hazards of Corporate Bullying on Stakeholder Relations
Corporate bullying is a pervasive issue that undermines organisational culture’s fabric, affecting internal and external stakeholders. It manifests in various forms, including harassment, intimidation, and discriminatory behaviours, often leading to severe consequences for employees, suppliers, and contractors. Understanding the dynamics of corporate bullying and its impact on stakeholder relations is crucial for fostering a healthy…
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Fairness in Administrative Justice:
A Cornerstone of Effective Stakeholder Relationship Management Fairness in administrative justice is the bedrock of ethical governance and robust stakeholder relationships. Picture an organisation where decisions are made transparently, impartially, and inclusively. This ideal not only fosters trust and engagement but also drives sustainable success. In this article, we explore the essence of fairness in…
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The Perils of Isolating Your Organisation from Essential Stakeholders
The lifeblood of any successful organisation is its ability to forge solid and meaningful connections with its stakeholders. Imagine a business that thrives on trust, innovation, and resilience, seamlessly navigating challenges and staying ahead of the curve. This is the reality for organisations that prioritise engagement over isolation. Isolating your organisation from essential stakeholders can…
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