Manage and Lead Team Effectively - Guidelines for Stakeholder Engagement

Running head: MANAGE AND LEAD TEAM EFFECTIVELY
Manage and lead team effectively
Name of student
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MANAGE AND LEAD TEAM EFFECTIVELY
Table of Contents
Guidelines for establishing and maintaining open communication processes with all stakeholders
.........................................................................................................................................................3
Things that should be done for enhancing the corporate image for all stakeholders......................4
Three methods for engaging with the stakeholders and obtaining their advices.............................4
Ensuring contribution to stakeholder relations................................................................................6
References........................................................................................................................................7

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MANAGE AND LEAD TEAM EFFECTIVELY
Stakeholders are considered as important individuals of the organization who are
involved with the organization and company needs to fulfill their roles and responsibilities
properly. There are various stakeholders such as employees, customers, shareholders or
investors, suppliers and the managers of the organization named Global Star Enterprises1.
Guidelines for establishing and maintaining open communication processes with all
stakeholders
It is important to make sure that while communicating with the stakeholders, offensive
languages are not used and any sort of discrimination is prevented. By promoting open
communication processes, it would be easy to verbalize the inner thoughts and feelings,
furthermore act and communicate in a professional way. The employees should be provided with
a set of acronyms that could be used for communicating efficiently. The key purpose of the
meeting where the stakeholders are engaged must be understood and informed to the different
stakeholders. The team meetings are scheduled to make sure that the employees understand it
properly. The employees should be provided with feedbacks regarding their performances, based
on which, the areas of strengths and weaknesses are understood as well. This would help in
addressing the issues and manage budgetary reductions to ensure smooth business functioning as
well2. Providing the stakeholders with regular updates on important matters could also be
beneficial for managing changes and developments to the communication process and the
1 Mishra, K., Boynton, L. and Mishra, A., 2014. Driving employee engagement: The expanded
role of internal communications. International Journal of Business Communication, 51(2),
pp.183-202.
2 Cornelissen, J. and Cornelissen, J.P., 2017. Corporate communication: A guide to theory and
practice. Sage.