Stakeholder Engagement Quotes

Honest and earnest criticism from those whose interests are most nearly touched,- criticism of writers by readers, of government by those governed, of leaders by those led, - this is the soul of democracy and the safeguard of modern society

The real mechanism for corporate governance is the active involvement of the owners.

Companies the size of PepsiCo is like running a little republic, there is no question about it. The only difference is that I don't have to worry about the media hounding me every day, on every word that I say. I have a board of directors that runs the country in the interest of the stake holders.

One of the challenges of a good policy is trying to figure out what your priorities are.

In the ideal scenario, consultants work for a board, and they're helping the board check on certain aspects of management. Their work is made public and transparent.

Too many companies are running their business into the ground, I would argue, by being myopically short-term focused on the shareholder.

When I consider a problem, it is now instinctive for me to think about the institutions involved, the authorizing environment, possible coalitions, likely opposition, implementation, legal issues, resource dimensions, communications - and how the problem fits into a stream of other issues.

We can no longer pretend that business is immune from the rising tide of environmental or social challenges or that companies can create value in isolation from the communities of which they are a part.

There must be an authority at the state level to coordinate flood mitigation projects in upstream watersheds. Additionally, this state entity could bring together multiple stakeholders to benefit all communities in the region.

Corporate executives need to re-frame their responsibilities to include the interests of all the stakeholders in society at large; not just shareholders, but also employees, the citizens of our communities, and those who care about the environment.

If you're the head of the organization that has to pay salaries, bills and keep the money coming, you have to be concerned with pleasing the middle. I find it means you have to dumb down your message to something less radical than the gospel. It can't be the real gospel. It has to be "churchiness" that pleases everyone, so they come back next Sunday and keep putting money in the collection plate. I don't mean that in a cynical way. I just think it's what happens.

While one should never underestimate the ability of risk-besotted financiers to wreak havoc, the real threat to capitalism isn't unfettered financial cunning. It is, instead, the unwillingness of executives to confront the changing expectations of their stakeholders.

A lot of deals are done or not done because chief executives are not fully aligned to shareholders.

China's environmental conundrums will not be solved by changes within government alone. New mechanisms are needed to allow the communities which may be affected by a given plan, and citizens concerned about the environment, to join in.

I have always felt that public, commercial and community organisations should be as open as possible about their affairs. They need to be accountable to their owners, their customers, their members and communities and other interest groups.

I now know what to do; I know how decisions can be made. I know how you can drive ministers and their departments to actually make decisions and bring results.

With the policymaking process, you have an idea, and you try to sell other stakeholders on the idea. That's not much different than in business, where you're trying to find capital to make your idea a reality.

Alaskans need some certainty and clarity over how the Pebble Partnership intends to proceed. I understand the complexity of a project like this, and I appreciate the investments that have been made in Alaska already. But a reliable timeline has been missing, and I hope that the companies will provide one soon.

I fully support accountability and transparency.

I want to make it clear that the lobbying sector does an important job. It is very useful to the government to hear the views of a broad range of groups to make sure we get the best.

It's the job of a special advisor to be the eyes and ears of a minister and it's the job of a corporate lobbyist to represent the best interests of their organization.

Helping convene global stakeholders to establish a set of measurable, actionable and consensus-built goals focused on extreme poverty is invaluable.

I think good companies can navigate being public and doing the right things for their customers.

What I learned is that policymakers have to force consideration of actions that may not have occurred to them at the time.

Provocative and challenging The Social License makes a compelling case for why companies must look to increase their positive social impact as an integral part of their core business strategies.