Question

What are the consequences of not controlling stakeholder engagement? Supplement your answer with an example from...

What are the consequences of not controlling stakeholder engagement? Supplement your answer with an example from your own work experience (change the names to protect the innocent) or recent events/cases.

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Answer #1

Controlling the involvement of stakeholders is very important for proper functioning of any firm. If they are not controlled the dominance of stakeholders increases thereby influencing every decision taken which might sometimes turn negative to the organisation. The decisions they want to be taken might not be in the interest of the organisation completely. For example an organisation want to appoint a team for managing finances. Some of the stakeholders might propose names of their relatives for the post for their personal interests. In the same way projects also can be influenced by stakeholders to get them done in their way. Hence controlling stakeholder engagement is very important.

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