Stakeholder Management

Achieving Consensus for Successful Project Execution

£5800.00

Introduction

In today's dynamic professional landscape, the ability to influence, convince, and persuade both internal and external stakeholders is pivotal for project and business success. Establishing strong relationships and gaining support from individuals, even in the absence of direct authority and control, is fundamental for achieving operational excellence and ensuring business continuity. Effectively managing complex relationships with diverse and occasionally challenging stakeholders is a critical skill for project professionals and business leaders.

Stakeholders often bring their own interests and hidden agendas into the mix, making it crucial to bridge differences and achieve consensus. Strategic project professionals leverage stakeholder perspectives, interests, and attitudes to shape projects from inception, maintain support throughout their lifecycle, and enhance project outcomes. Stakeholder Management is a vital skill applicable in meetings, negotiations, and when presenting business cases for new initiatives.

TRAINING OBJECTIVES

Upon completing this Stakeholder Management training course, participants will have the skills to:

  • Grasp stakeholder needs

  • Understand the impact of stakeholders on projects

  • Navigate multiple stakeholders with diverse interests

  • Effectively manage stakeholder expectations, including quality and performance

  • Communicate project strategy to teams, customers, and stakeholders

  • Resolve conflicts and competing priorities

  • Manage project public relations and organisational politics

  • Set and manage expectations through effective reporting and progress meetings

WHO SHOULD ATTEND?

This comprehensive training course is ideal for professionals and teams involved in projects, negotiations, and consulting, including:

  • Functional Teams

  • Project Professionals and Teams

  • Commercial Teams

  • Strategic Decision-Makers and Executives

  • Supply Chain Professionals and Executives

  • Sales and Marketing Teams

TRAINING APPROACH

This training course employs a hands-on approach. Participants will engage in practical case studies, contextual exercises, teamwork, presentations, and the development of stakeholder management plans and strategies for handling challenging and complex stakeholder relationships. The course utilises stakeholder management tools, instruments, and techniques, including rapid response assessments based on situational analyses and the selection of resolution strategies and plans.

Effective stakeholder management is pivotal for project success in any organisation. Engaging the right stakeholders in the right manner can significantly impact project success. Successfully managing stakeholders helps control scope creep, align project requirements, gauge risk tolerance, and mitigate issues that may hinder the project. Proficient stakeholder management reflects your influence within an organisation and contributes to a positive project environment.

 

TRAINING OUTLINE

Day 1: Understanding Stakeholder Engagement and Navigating Complex Relationships

  • Identifying and Categorising Stakeholders

  • Grasping Stakeholder Expectations

  • The Role of Management in the Stakeholder Environment

  • Evaluating and Prioritising Interests

  • Assessing Stakeholder Relevance

  • Prioritising Stakeholders

  • Visualising the Stakeholder Community

  • Analysing Stakeholder Requirements

Day 2: Managing Diverse Stakeholder Expectations and Bridging Differences

  • Stakeholder Mapping

  • Assessing Stakeholder Commitment to the Project

  • Understanding Stakeholder Motivations

  • Aligning Stakeholder Requirements with Organizational Objectives

  • Prioritising Stakeholder Expectations

  • Effectively Presenting the Project

  • Sustaining Stakeholder Commitment

  • Addressing Resistance for Positive Outcomes

Day 3: Building Relationships with Stakeholders and Achieving Consensus

  • The Art and Science of Effective Communication

  • Overcoming Common Communication Barriers and Filters

  • Navigating Organisational Politics

  • Managing External Stakeholders, Including Suppliers and Regulators

  • Selecting Communication Methods for Effective Messaging

  • Managing Challenging Stakeholders

  • Handling Unrealistic Expectations

  • Conflict Resolution

Day 4: Strategies for Confidently, Competently, and Persuasively Influencing and Negotiating with Stakeholders

  • Identifying Key Stakeholders to Influence

  • Elements of Influence

  • Different Influencing Strategies

  • Push and Pull Behaviours

  • Tools, Skills, and Behaviours for Effective Influence

  • Engaging Stakeholders: Building Relationships

  • Stakeholder Participation and Engagement

  • A Roadmap to Successful Influence

Day 5: Stakeholder Rapport Management and Sustaining Execution Harmony

  • Leveraging Position, Knowledge, or Personal Power

  • Developing Strong Rapport

  • Understanding Personality Preferences

  • Gaining and Maintaining Commitment

  • Recognising Manipulative Tactics and Taking Positive Action

  • Establishing and Nurturing Trust

  • Handling Challenging Behaviours

  • Transforming Confrontation into Cooperation

Certificate of Completion: Upon successful completion of the course, participants will receive a Certificate of Completion from Al-Majd Pathways Centre (APC).