How to Create a Stakeholder Strategy:
A data-driven approach to design, measurement, and implementation
hbr.org/2023/05/how-to-create-a-stakeholder-strategy
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Data-Driven Strategies for Sustainable Stakeholder ValueHealth Tech improved its net stakeholder value score by 32 points in two years through prioritized, data-backed strategy and execution.
- Companies can analyze stakeholder interdependencies using comprehensive data to design strategies that generate lasting value for all parties involved.
- Health Tech combined external ratings with internal insights to set stakeholder priorities and realigned its mission accordingly.
- New processes, incentives, and organizational structures were implemented to embed the strategy firmly and enable measurable progress.
- Early results include improved third-party rankings and a significant increase in the company’s proprietary net value creation score over two years.
One of the things I've recognized is that the CEO's job is to figure out how to harmonize the multiple constituents who are all important.— Nadella told Jessi Hempel in her LinkedIn podcast Hello Monday.
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