Risks and Opportunities in Engaging with Stakeholders
Complete the following questions about engaging with your stakeholders:
Identify the risks: What could potentially go wrong with my engaging with our
stakeholders plan? Write down all possibilities, no matter how abstract.
Analyse the risks: Develop an understanding of the chance the risks you
identified could happen. You can use the scale Not Likely, Likely, Very Likely
to help you develop this.
Also consider the broader implications for enactus of these risks. Eg what is
the risk to social, economic and environmental issues, and the quality of life
and standard of living?
Evaluate the risks: Develop a priority of risks.
Treat the risks: identify responses/action that may mitigate or reduce the
risks that you have identified.
You may also wish to consider the following key questions:
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What are the risks associated with engaging with stakeholders?
What are the risks associated with not engaging?
What are the risks associated in engaging poorly?