Louis Wouters

Making stakeholder engagement truly meaningful

Meaningful stakeholder engagement refers to the routine interaction with any relevant stakeholders, including those individuals that are affected by your decisions, with the openness to adjust your services based on their feedback. Yet, currently, stakeholder engagement is used more as a buzzword as opposed to its purpose of tangibly influencing decision making. So how do we turn stakeholder engagement from just a buzzword to a meaningful and practical process?

4 steps for effective stakeholder engagement

To effectively measure and manage social and environmental impact, numerous measurement methodologies mention engaging with stakeholders as a key practice. Although stakeholder engagement seems like a simple process, there is still a lack of adequate implementation. So how can we effectively engage with stakeholders and act upon the outcomes to improve operations while maximising the impact of our work?

The Genesis of Efiko

Are you part of the growing group of people aiming to make organisations and the economy serve a greater purpose than wealth accumulation? Then much like us, you have probably wondered a thousand times what you could do better to make strides towards enabling that purpose. It is precisely with this mission in mind that Efiko Academy was born in September 2020.