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DESCRIPTION
Stakeholders are all those individuals or external organizational entities that are impacted by the events and activities taking place at an organization. Stakeholders ensure that everything that's undertaken or created by the organization is done so efficiently, effectively, and of the highest quality. In return, the organization strives to make its Stakeholders content.
Stakeholders can be bucketed into 4 distinct categories:
1. Clientele
2. Employees
3. Suppliers
4. Stewards
Without positive contribution from the key Stakeholder Groups, no organization can survive in the market.
To record the responsibilities of the organization, as well as the various Stakeholder Groups, we can leverage a Stakeholder Scorecard. The Stakeholder Scorecard makes an inventory of all the Stakeholder Groups that influence an organization, the contributions they make for the organization, and the incentives—more specifically referred to as the "inducements"—they receive from the organization in return.
This PowerPoint presentation outlines the 5 steps required to create a Stakeholder Scorecard.
1. Distinguish the Stakeholder Groups.
2. Register each group's contributions and inducements.
3. Rank the contributions and inducements.
4. Identify measures of the contributions and inducements.
5. Implement the measures.
The Stakeholder Scorecard focuses on Stakeholder Satisfaction and enables that to leverage improved productivity, performance, and achievement of business objectives.
The slide deck also provides details of the 4 main Stakeholder categories and key differences between Stakeholder Scorecard and the Balanced Scorecard (BSC).
This PowerPoint presentation on Stakeholder Scorecard also includes some slide templates for you to use in your own business presentations.
This presentation also delves into the practical application of the Stakeholder Scorecard by illustrating how to categorize and manage stakeholder contributions and inducements using a traffic light model. This visual tool simplifies the assessment of stakeholder engagement levels, making it easier to identify areas requiring immediate attention. The PPT includes comprehensive templates and guidelines for structuring your own scorecard, ensuring you can seamlessly integrate this framework into your strategic planning process. This resource is essential for executives aiming to enhance stakeholder satisfaction and drive organizational performance.
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Source: Best Practices in Performance Management, Balanced Scorecard, Stakeholder Management PowerPoint Slides: Stakeholder Scorecard PowerPoint (PPTX) Presentation, LearnPPT Consulting
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OVERVIEW
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We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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Balanced Scorecard Strategy Deployment & Execution Stakeholder Management Consulting Proposals Organizational Silos Change Management Proposal Writing & Development Core Competencies Corporate Culture Strategy Development Performance Management KPI Lean Six Sigma Black Belt
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