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Course details
Overview
Understanding and managing stakeholders is a cornerstone of effective business operations. This 5-day course dives deep into the art and science of developing robust stakeholders' agreements. Participants will explore the dynamics of stakeholder relationships the nuances of crafting fair and strategic agreements and the importance of maintaining a fluid dialogue to accommodate the evolving needs of all parties involved. The training combines theoretical insights with practical case studies and hands-on exercises to ensure a holistic learning experience.
Objective
Comprehend the importance and relevance of stakeholders' agreements in today's business landscape.
Master the elements of drafting effective and comprehensive stakeholder agreements.
Understand the various types of stakeholders and their potential influences and concerns.
Gain the ability to negotiatereviseand update agreements as business needs and stakeholder interests evolve.
Develop strategies for conflict resolution and consensus-building among diverse stakeholder groups.
Who Should Attend
Business Executives & Managers
Legal Professionals
Project Managers
Business Owners & Entrepreneurs: Individuals aiming to ensure smooth operations and minimise conflict through clear agreements.
Stakeholder Liaisons & Communication Officers
Course Outlines
Day 1: Introduction to Stakeholders & Their Relevance
Defining stakeholders: Who are they and why do they matter?
The symbiotic relationship between businesses and their stakeholders.
The strategic importance of stakeholders' agreements.
Activity: Mapping out key stakeholders for various business scenarios.
Day 2: Basics of Drafting Stakeholders' Agreements
Understanding the structure and components of an agreement.
Legal implications and requirements.
Incorporating flexibility: Anticipating change and setting review mechanisms.
Workshop: Drafting a basic stakeholders' agreement.
Day 3: Delving into Diverse Stakeholder Types & Interests
Classifying stakeholders: From primary to secondary internal to external.
Assessing and prioritising stakeholder interests.
Case studies: Exploring successes and failures in stakeholder management.
Group discussion: Sharing personal experiences and lessons learned.
Day 4: Negotiation Revision and Evolution of Agreements
Principles of effective negotiation.
Adapting agreements to changing business climates and stakeholder needs.
Role-playing: Simulating negotiations to revise existing agreements.
Techniques for maintaining open and productive stakeholder communication.
Day 5: Conflict Resolution & Building Consensus
Recognising potential points of contention.
Tools and strategies for mediating disputes.
Emphasising the value of consensus in stakeholder relationships.
Wrap-up interactive Q&A feedback session and certificate distribution.
Job roles this course is suitable for:
Business executives , Managers , Legal Professionals , Project Managers , Business Owners , EntrepreneursAbout London Training For Excellence
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