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An Integrated Framework for Responsible Stakeholder Engagement

Tue, October 3, 12:15 to 13:30 PDT (12:15 to 13:30 PDT), Cvent Virtual Platform, Breakout 2

Short Description

Generosity is giving more than you can, and pride is taking less than you need - Khalil Gibran

Civilization is approaching a tipping point in terms of its ability to protect human well-being and vital ecosystems that help society to flourish and endure. Moreover, the evolving consensus suggests that vulnerable populations will face the most damaging impacts of the rising challenges. The public, business, and social sectors require urgent engagements around social and environmental issues to ensure human and planetary well-being. An essential player in this regard is the business sector, with its global footprint, extensive resources, and broad powers. Therefore, to create a prosperous and thriving future for all, business organizations must redefine how they engage with their stakeholders more responsibly. This paper presentation aims to advance an integrative framework for responsible stakeholder engagement that is novel and more just. Specifically, the framework integrates content-focused approaches with process-focused approaches to stakeholder engagement. Secondly, it introduces the element of adaptability within the integrated framework so that it may apply to different stakeholders depending on changing contexts and needs. Finally, the new framework extends the current stakeholder engagement approaches to include vulnerable populations often neglected due to their limited power and voice.

Key Takeaway 1: Understand selected approaches to stakeholder engagement

Key Takeaway 2: Recognize the dilemmas associated with responsible stakeholder engagement

Key Takeaway 3: Become knowledgeable about a new framework called Integrated Framework for Responsible Stakeholder Engagement

Participants