Know your stakeholders through expert analysis and intelligence
Knowing your stakeholders and their expectations is necessary for effective and open engagement.
Control Risks combines decades of experience in geopolitical analysis with on-the-ground business intelligence to help you map out the key players that can make your project successful – or stand in the way. We help you identify your critical stakeholders, understand the local context, mitigate adverse effects and develop an engagement plan to obtain and maintain your licence to operate.
Local context expertise meets international policy expertise
Our understanding of international regulatory, compliance, and reputational constraints, combined with our knowledge of local contexts, helps us provide you with practical advice on how to operate responsibly in any market across the globe, no matter how unfamiliar or difficult.
As an organisation, we ourselves operate in complex environments where stakeholder mapping and consultation is critical to success, so we know first-hand what works and what doesn’t.
Strong stakeholder relationships are the best risk management
As organisations increasingly integrate ESG and sustainability goals into their corporate strategy, the scope of mapping has become much broader and more complex. In addition to understanding key political and business players, there are expectations about who you need to engage with locally and how, and you need to be aware of differing attitudes that various stakeholders may have toward the material risks identified in your Risk and Impact Assessments. Our experts have the specific on-the-ground knowledge and experience to help you approach these engagements constructively, so you can manage risk while building strong relationships.
We work with you to conduct thorough stakeholder mapping that will form the basis of effective and productive stakeholder engagement, building trust and protecting your social licence to operate.
- Identify - Identify the key players with the government, sector or community in question
- Analyse - Analyse the position of individual stakeholders including their political standing or influence, relationships to other stakeholders and perception of the client
- Map - Draw out the connections between stakeholders and visualise the complex interplay of issues and relationships between them
- Prioritise - Strategically assess the stakeholder group in order to provide recommendations for who to engage with and how
Investors in West Africa face a range of stakeholders with the power to impact their ventures for better or for worse.
Turning strategies into success, wherever they are. Control Risks’ worldwide intelligence-gathering capabilities, combined with options for short- and long-term consulting support make us the ideal partner for organisations seeking to turn their strategies into success.
Control Risks has partnered with corporate ethics advisor Ethisphere to develop a guide, that presents a workflow for developing an ESG program within existing business functions operating across all sectors.
Asia In Focus