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Stakeholders
Conflict
| Term | Definition |
|---|---|
| Stakeholder conflict | A situation in which the interests or goals of different stakeholders in an organisation conflict with one another |
| Avoiding stakeholder conflict | Effectively managing stakeholders relationship is crucial for preventing conflict |
| Open communication | Ensure stakeholders are informed and aligned with business decisions |
| Stakeholder engagement | Involving stakeholders in decisions making helps to manage expectations and build support |
| Compromise and balance | Balancing the needs of different stakeholders through compromise is key |
| Social responsibility and ethics | Adopting ethical practices and demonstrating social responsibility and trust |