Category | Assignment | Subject | Management |
---|---|---|---|
University | Module Title | CMI 509 Managing Stakeholder Relationships |
Managing Stakeholder Relationships
Key Information for Learners
Each task in this assessment brief has been developed to enable you to evidence achievement of the learning outcomes and assessment criteria for CMI 509: Managing Stakeholder Relationships. Each assessment criterion must gain a pass outcome for you to successfully achieve the unit.
Read the CMI 509 unit specifications thoroughly as only content related to the achievement of the assessment criteria will be assessed.
Research the topics being assessed using suggested reading/web resources provided on the CMI 509 unit specification or at ManagementDirect. Contact your Centre for clarification if you have a customised site.
If enrolled in the Trailblazer Apprenticeship programme, review the Apprenticeship Standard for Operations/Departmental Manager.
Completing the Assessment Brief
Follow the tasks outlined in the brief, which are clearly referenced to the relevant assessment criteria and indicative content.
Refer to the Assessment Guidance Table at the end of the brief for Pass/Refer requirements.
Evidence must be presented professionally, using business conventions and referencing systems (e.g., Harvard Referencing). Complete the Learner Authenticity statement (an electronic signature is accepted).
Good relationships, whether they are with customers, suppliers, partners or staff, are a key contributor to an organisation’s success. Assessment brief CMI 509 has been designed to enable managers to evidence their knowledge and understanding of how to build stakeholder relationships that are long lasting and sustainable. Assessment focuses on the different types of stakeholder relationships and frameworks for managing these, in addition to the ability to assess the impact of stakeholder engagement on organisational performance.
Assessment brief CMI 509 features the following assessment tasks. Further detail is provided against each assessment task within the brief.
Learning Outcomes Covered by Assessment Method
LO1: Understand the different types and value of stakeholder relationships
AC 1.1 Analyse the types of stakeholder relationships within organisation
AC 1.2 Examine the benefits and challenges for organisations working with different stakeholder groups
LO2: Understand the frameworks for stakeholder management
AC 2.1 Examine the contractual frameworks for stakeholder engagement and management
AC 2.2 Specify a process for planning stakeholder engagement
LO3: Know how to manage stakeholder relationships
AC 3.1 Analyse the role of the manager in managing stakeholder relationships
AC 3.2 Evaluate the use of collaborative working techniques to manage stakeholder relationships
AC 3.3 Discuss methods for managing conflict in stakeholder engagement
LO4: Know methods for measuring the impact of stakeholder engagement on organisational performance
AC 4.1 Examine methods for measuring the impact of stakeholder engagement on organisational performance
The Types and Value of Stakeholder Relationships
Understanding the role and value of different types of stakeholders is essential if the stakeholder relationship is to be managed effectively. The word ‘stakeholder’ can infer a host of people connected to another in a business setting covering internal, external and connected relationships. There are many challenges that occur in managing the stakeholder relationship and sensitivity and understanding is required to address issues in a proactive and professional manner
You are required to write a report entitled ‘The complexities of stakeholder relationships’. The report must include:
An analysis of THREE (3) types of stakeholder relationships which occur within organisations (AC1.1)
An examination of the benefits and challenges for organisations engaging with each of the stakeholder groups identified above. (AC1.2)
Guidance for completion of Task 1
You have been asked to lead a stakeholder group that has been formed to review the services and support given to customers. It is a challenging remit as there is a likelihood that services will need to be cut or changed.
The group comprises of internal and external stakeholders. This includes two team leaders who are based off-site, a finance officer, an equalities officer, a representative from the senior management team and three customers. There is also representation from a national consumer group who attend to represent customer interests.
The review of services and support given to customers must be completed within a six month period.
Qualitative and quantitative research will need to be undertaken to inform decision making. Given the range of internal and external stakeholders, individual roles and responsibilities will need to be determined, governance of the group established and aims and objectives set.
The success of stakeholder relationships is optimised by effective planning. This begins with a contractual framework for stakeholder engagement which clarifies the roles and responsibilities of different stakeholder groups to achieve aims and objectives within set parameters.
Basing your response on Scenario A, your own experience of managing stakeholder groups or the management of stakeholder groups in an organisation you know well or have researched:
Write a report entitled ‘Preparation for stakeholder engagement and management’.
To complete the report you are required to:
Using examples examine TWO (2) contractual frameworks used for stakeholder engagement and management (AC2.1)
Specify the process you would use to plan stakeholder engagement (AC2.2)
Guidance for completion of Task 2
-> MANAGING STAKEHOLDER RELATIONSHIPS AND MEASURING THEIR IMPACT ON ORGANISATIONAL PERFORMANCE
Managing stakeholder relationships requires planning and insight. The approach needs to be tailored to meet the needs of the stakeholder groups. A manager must understand their role in facilitating and leading stakeholder relationships, the use of collaborative working techniques to enable delivery through others and methods for measuring the impact of stakeholder engagement on organisational performance.
Basing your response on Scenario A, your own experience of managing stakeholder groups or on an organisation you know well or have researched:
Write an account which uses examples to propose how stakeholder relationships should be managed.
The account must:
Analyse the role of the manager in managing stakeholder relationships (AC3.1)
Evaluate the use of collaborative working techniques which can be used to manage stakeholder relationships (AC3.2)
Examine methods for measuring the impact of stakeholder engagement on organisational performance (AC4.1)
Guidance for completion of Task 3
» MANAGING CONFLICT IN STAKEHOLDER RELATIONSHIPS
It can be challenging managing the expectations of different stakeholder groups. A key role of the manager is to recognise and resolve situations where conflict can arise to ensure the stakeholder relationship can be maintained.
You have been managing the stakeholder group for two months and there has been a commitment to a date by all members to fully engage in the process to review customer services.
Research commissioned to determine how and where changes to customer services could be made has been completed. To the surprise of the stakeholder group this has included some unexpected results which have caused conflict between group members and in turn with representatives of the organisation.
The customers who are representative of the organisation’s customer base are at loggerheads over the recommendations.
The last stakeholder meeting became very difficult to manage and needed to be drawn to a close due to the level and nature of conflict between members. This included:
Basing your response on Scenario B, your own experience of managing stakeholder groups or on an organisation you know well or have researched:
Write an account which discusses methods for managing conflict in stakeholder engagement (AC3.3).
Guidance for completion of Task 4
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