London Training For Excellence Developments of Stakeholders Agreements London Training For Excellence
Price: GBP 3,867
Instructor led live virtual classroom online. Classes may be individual or in group.

    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.

    Updated on 05 August, 2024

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