New! First time in Australia!
With international facilitator from the top-ranked Wharton School, Professor Witold Henisz.
Sometimes controversies come looking for organisations that are quietly minding their own business. Sometimes the nature of the business creates controversies. But knowing how to anticipate controversies is only the beginning.
Today, an event only has to be imaginable to become fodder for a controversy involving your company.
Managing socio-political risk requires you to predict and influence political dynamics in your stakeholder network. It requires skills in corporate diplomacy.
Astute “Corporate Diplomacy” helps business leaders manage substantial risks and achieve sustainable growth and profitability by understanding, navigating and influencing the dynamics of complex socio-political systems.
Through the use of practical tools, case-based discussion, in-depth negotiation role-plays and a competitive team-based crisis management simulation, this new two-day course is designed to help business leaders manage and mitigate substantial risks to achieve sustainable growth.
Corporate Diplomacy for Complex Socio-Political Systems draws from deep research and broad practical experience to help senior business leaders identify and manage substantial risks and challenges, work effectively with local, national and international actors, and influence the path of stability and development – all in ways that lead to sustainable and profitable businesses, even in the most complex socio-political systems.
Topics covered include key stakeholder mapping and analysis, calculating the value of stakeholder engagement, communications strategies, crisis response, and organisational change.
You will leave this course with the skills and analytic tools to manage the politics underneath the issues.
You will learn how to:
- Identify stakeholders, develop a stakeholder map and engagement plan
- Calculate the net present value of stakeholder engagement
- Prioritise stakeholder initiatives based on their return on investment
- Develop and implement strategic communications strategies to defeat opposition to a project
- Coordinate a crisis management response
- Manage internal team dynamics
- Foster necessary cultural change in your organisation
All participants will receive a copy of Corporate Diplomacy: Building Reputations and Relationships with External Stakeholders, by Witold J Henisz.
Witold J. Henisz is the Deloitte & Touche Professor of Management at The Wharton School of The University of Pennsylvania. Wharton is widely regarded as one of the world’s top institutions for business education. His research examines the impact of political hazards on international investment strategy including efforts by multinational corporations to engage in corporate diplomacy to win the hearts and minds of external stakeholders.
Henisz’s research has been published in top-ranked journals in international business, management, international studies, and sociology and he is the author of the book “Corporate Diplomacy: Building Reputations and Relationships with External Stakeholders”. Witold has won multiple teaching awards at the graduate and undergraduate levels and teaches extensively on the topic of Corporate Diplomacy in open enrollment and custom executive education programs.
*The price for this course differs from our regular two day course price to accommodate added costs.