ACCOUNTING STAKEHOLDER ENGAGEMENT STANDARD 2011
- Created by: Yzyl Quintana
- Created on: 07-01-18 14:36
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- THE ACCOUNTING STAKEHOLDER ENGAGEMENT STANDARD 2011 - suggests quality stakeholder e engagement can...
- Allow pooling of resources to solve problems and also research objectives that can't be researched by single organisations
- KMTP
- Knowledge
- Tech
- People
- Money
- KMTP
- Contribute to the development of TRUST-based and TRANSPARENT stakeholder relationships
- RELATIONSHIP
- Enable understanding of the complex operating environments
- E.g. Market developments & Cultural dynamics
- UNDERSTANDING
- E.g. Market developments & Cultural dynamics
- 1) Lead to more equitable & sustainable social development
- Giving those who have a right tone heard, the opportunity to be considered in decision making processes
- INVOLVEMENT
- Giving those who have a right tone heard, the opportunity to be considered in decision making processes
- Enable better management of risk & reputation
- R&R
- INFORM, EDUCATE & INFLUENCE stakeholders to improve their decisions and actions that will have an impact on the organisation and on the society
- IEI
- Enable learning from stakeholders resulting in product & process improvements
- LEARNING
- Allow pooling of resources to solve problems and also research objectives that can't be researched by single organisations
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