Stakeholder Mapping is a key strategic business tool designed to identify the primary individuals or groups who have a particular interest in a companies’ activities or its social or environmental impacts.
With stakeholders identified, a company can more ably bridge interests between the public, private and non-governmental organization sectors, and develop a comprehensive plan to create the mechanics for a business more responsive to the interests of the wider community.
A key question that underlies stakeholder mapping, and ultimately, social or environmental due diligence questions, is “what is the actual, potential or perceived risk of continued corporate activity” in a challenging, or potentially challenging situation.
Our stakeholder mapping team includes, but not limited to the following:
- Conduct interviews with internal stakeholders, from top management to field levels with particular emphasis on those who have responsibility for the sustainability questions at issue. Prepare in cooperative with company staff;
- Explain how the team will gain its information without upsetting the status quo;
- Shape the scope of the mapping in cooperation with corporate management;
- Conduct in-country field interviews with a wide range of stakeholders to best understand both the risk identification and what options to resolve;
- Based on research, corporate interviews and other preparation, take a more detailed look at the situation on the ground;
- Field visit is crucial to identify practical mitigations;
- Analysis, reporting and debriefing on risks identified and opportunities to mitigate risks.