Question

Think very carefully and create an imaginary situation in which you are the CEO of a major automobile organisation. You need to engage with stakeholders so that a project you are planning can be successfully initiated and completed. Provide detailed answers to the questions below.

What methods were successful/unsuccessful and what were the reasons for this? What was done to overcome these difficulties? (350 words)

Answer 1

As, stakeholder engagement is crucial part for success of any project. Here, I will be engaging stakeholders so that a project I am planning that can be successfully initiated and completed. Few are the methods or tools and techniques applied to plan the stakeholder engagement and finally it was successful, these are as stated below:

• Here, I have worked on expert Judgment, expert with individual expertise and groups expertise who has several knowledge in various areas like cultural situation, environment in organization and outside organization, power structure and political situations in organization and outside organization, what should be appropriate analytical and assessment process, various communication strategies as defined by experts, historical knowledge as applicable in the previous project, here, experts view took significant role and this method was successful, cause, organization considered team of experts who are having sufficient knowledge level and analytical skills to judge such situations.
• To create plan for stakeholder engagement, organization also considered data gathering methods like Benchmarking, here, they have performed stakeholder analysis as applicable for their organization and compared to taking Information from best organization. This method was successful as organization has considered effective analysis and took several important data and resources that help them to perform that benchmarking study, hence, it was successful and contributed effectively for the purpose of stakeholder engagement.

Few method were not successful, these are as stated below:

• Meeting and consultation: here, stakeholder engagement process and its planning demanded for several meeting and direct consultation with the individual stakeholders, as stakeholder engagement plan could be prepared with help from several level of discussions, however, meeting as method was not successful, as organization was able to conduct only few meetings program, they have got few people to Join such program, hence, the plan was not prepared based on focus on meeting, to overcome such difficulties, organization needs to invite all the important stakeholders and gather them in a place to discuss further to initiate their engagement plan, this process could be taking few weeks time, hence, presence of all stakeholders and taking various consensus would be necessary, which require to take more time but could be successful over periodic evaluation process.
• Mind Mapping was another technique or method, that can visualize entire stakeholder related information, it requires software interaction and expertise to make such visualization, however, organization did not produce it, it could make the engagement plan better, this method was not conducted and hence, it was not successful, however, organization require some budget allocation to make the visualization, that would be much useful within the organizational context.