Primary link: Depth of Impact |
Engaging Stakeholders to Achieve Deeper Impact
Core Practices:
- Integrate social stakeholders into mainstream markets.
- Integrate market players into social sector.
- Increase interaction and dependence among all stakeholder groups.
- Influence market player behaviors.
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Secondary link: Adaptability |
Engaging Stakeholders to Achieve Greater Adaptability
Synergies:
- Engage stakeholders in devising a coherent shared value system.
- Use stakeholder choice as an adaptability mechanism.
- Use a distributed approach that support grassroots innovation.
Tensions:
- Be mindful not to create a culture in which traditional social work is seen as a dead-end, undermining social staff morale.
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Tertiary link: Blended Value |
Engaging Stakeholders to Achieve Blended Value
Synergies:
- Capture stakeholders' spending power.
- Engage donors in a longer-term investment approach.
- Use stakeholders to diversify human resources.
Tensions:
- Be mindful that increased integration might forfeit traditional fundraising channels.
- Engaging in market mechanisms means less time for traditional fundraising.
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Quaternary link: Efficiency |
Engaging Stakeholders to Achieve Greater Efficiency
Synergies:
- Leverage stakeholders’ knowledge and skills by promoting the concept of “user-led innovation”.
Tensions:
- Increasing stakeholder engagement required accepting slower stakeholder-driven trial and error processes.
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