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Ep 49: Pain Point Series: How to Effectively Engage Stakeholders
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Are you struggling to engage stakeholders effectively in your projects? In this episode of our pain point series, we tackle the crucial topic of engaging stakeholders and how early conversations with internal stakeholder groups can streamline your process. We’ll share real-world examples, such as a project that faced months of delays due to the need to integrate union labor, and an aerospace firm that lost nearly $2 million in value due to misalignment among senior leadership. By engaging the right stakeholders early, you'll learn who needs to be involved, what they need to know, and how to get them engaged to prevent setbacks.
Listen in as we discuss key moments in the project procurement process where scope alignment is essential among stakeholders. Misalignment, indecision, and frequent changes can drag out the procurement process and increase costs. Understand the importance of involving finance, sustainability, and legal teams early in the process to ensure smooth execution and avoid unexpected rejections or missed considerations.
What You'll Learn In Today's Episode:
- How to engage the right stakeholders across the board.
- Who needs to be involved in your project.
- Why you should get other people involved in your project.
- The importance of getting finance involved early.
- When sustainability should be considered in these projects.
- Why legal must be involved in the execution.
Resources In Today's Episode:
You can view a video of the conversation on VECKTA's website here: https://tinyurl.com/yc76u858
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