Advanced Stakeholder Management

The Strategic Process of Identifying and Engaging Common Stakeholders in Energy Projects

Key Benefits

• Project management, effective communication, problem solving, negotiation, and conflict resolution
• Learn how to identify and analyze stakeholders
• Gain strategies for engaging and managing stakeholder expectations
• Enhance abilities to make informed decisions and prioritize stakeholder needs
• Build trust and foster positive relationships with stakeholders
• Develop strategic to create and implement comprehensive stakeholder management plans that align with corporate goals and project objective

Who Should Attend

This program is ideal for managers, executives, specialists, and government officials who wish to learn the
process and techniques in identifying, analyzing, and responding to the needs of diverse set of stakeholders, such as communities, regulators, project partners, and government agencies. Participants will develop the necessary competencies to engage energy project stakeholders and manage their expectations.

Course Outline

This course offers a structured approach for managing the complex and sensitive stakeholder relationships inherent in energy projects. Participants will learn how to systematically identify, analyze, and prioritize diverse stakeholders — from local communities to regulators — to build trust and secure a “social license to operate” based on the following 5-day outline:

Day One – Managing Energy Projects and Stakeholders

• Energy Industry Overview: Major Players and Stakeholders
• Key stages in managing major capital project development
• The stakeholder engagement lifecycle and process

Key Lectures:

• Overview of the Energy Industry
• Key Stages in Management of Capital Projects
• From Awareness to Alignment Stakeholder Essentials

Day Two – Developing Effective Communication Strategies and Decision Making – Engaging and Managing Your Stakeholders

• Developing a stakeholder communications strategy
• Influencing without power, techniques, and tips for making a high impact
• Identifying specific concerns and tailoring the messages accordingly Creating a tailored stakeholder communications and engagement plan Setting up and managing stakeholder meetings
• Managing disagreements and moving to a productive outcome

Key Lectures:

• The Emotional Intelligent Stakeholder – Influence Without Authority
• Stakeholder Mapping, Prioritization, and Conflict Management
• Stakeholder Challenges in Host Government Agreements

Day Three – Managing Corporate Social Responsibility (CSR)

• Corporate Social Responsibility in the Energy Sector
• A range of frameworks for assessing stakeholder priority in CSR and their pros and cons
• Social circles of influence – analyzing stakeholder behavior and decide how to respond for a positive outcome in CSR projects

Key Lectures:

• Role of CSR in Oil & Gas Projects
• CSR Strategies and Examples

Day Four – Sustainability, ESG and Geopolitical Risks

• Sustainable development for the oil and gas industry
• Meeting increasing energy demand while trying to reduce emissions
• Navigating complex and evolving regulations along with managing stakeholder expectations across a range of priorities such as environmental impact, financial stability, and social equity.

Key Lectures:

• UN Sustainable Development Goals
• Top Ten Stakeholder Issues Facing Governments and Companies in Energy Projects

Day Five – Impact of Corporate Governance in Stakeholder Management

• Understanding Corporate Governance models and how they relate to stakeholder management activities.

Key Lectures:

• Principles of Corporate Governance
• Lessons Learned and Major Takeaways