New EEA Tool Enables Advisors, Organizations to Rate the Maturity of Stakeholder Management
Organizations and their advisors now have access to an assessment tool that rapidly helps them track the maturity of their organization’s efforts to harmonize and manage stakeholder interests for the purpose of achieving their purpose, goals, objectives, consistent with their values.
The Stakeholder Management Assessment Calculator, powered by the Organizational Maturity Index (Omindex®) adds to the toolkit of the Enterprise Engagement Alliance, focused on helping organizations move from talk to action in the implementation of stakeholder management. Earlier this year, the EEA launched the People Value Impact Calculator, which makes it easy to rapidly correlate data related to almost any investment in people management, including training, communications, rewards and recognition, compensation in order to better determine cause and effect and return on investment. Click here for information about all the tools and resources offered by the Enterprise Engagement Alliance and how to get involved.
Click here to conduct your own confidential assessment of your organization using SMAC. You will receive your rating and gap analysis almost immediately upon completion. The advanced tools enables your organization to assess its maturity to getting input from multiple stakeholders.
To conduct the evaluation with your organization, management sends the SMAC survey to top and front-line managers in all their key organizational groups—finance, sales, marketing, human resources, operations, administration, etc.—to rapidly determine how well the organization is focusing all stakeholders on creating value for the enterprise and stakeholders. SMAC compiles the results into a consensus-based report that rates the maturity of your organization’s management of stakeholder interests and identifies areas for improvement.
Organizations can license SMAC on a yearly basis for their own use as frequently as desired to benchmark their progress over time with a significant discount for EEA members. Advisory firms can license a multi-organizational version which enables them to confidentially compile and compare the results of their clients for benchmarking purposes. They can also use their version as a sales tool letting any of their prospects conduct a thumbnail analysis.
Responses to the assessment questions provide a rating and gap analysis related to the following issues:
- What is the purpose of my organization?
- Have I defined value in clear and simple terms?
- What is our intrinsic and market value?
- Is our business staying in tune with changing societal expectations?
- Am I trusted?
- Do principles of responsible human governance apply to all the people we manage or affect?
- What are my core values?
- Do I live by clear principles?
- What am I accountable for?
- Do we have a clear, coherent, and widely understood business strategy?
- Do our business plans always consider the full implications for our people, customers and society?
- Do we fully integrate how all human stakeholders can deliver business value propositions?
- What is our return on human investment?
- How far into the future am I prepared to look?
- What is our mission?
- Do I attach enough importance to my communication?
- Do I understand the power of the organization’s whole system?
- I want us to be flexible and agile, but do we know how?
- Do we have an effective quality assurance system?
- Am I obsessive about never-ending improvement?
- How do I encourage and enable all people to innovate?
- Are we trying to manage performance process instead of a value improvement system?
- Are we a true learning organization?
- What do I know about our people risks?
- Are we evidence based?
- Are we incentivizing and rewarding the right things?
- Do we have the right culture?
- Are we all doing our best work together?
- Is the thinking and behavior of our top team collegiate?
- Am I and the leadership team trusted?
- Is primary accorded to one stakeholder group?
- Am I authentic?
Bruce Bolger, Founder
Enterprise Engagement Alliance
914-591-7600, ext. 230
Bolger@TheEEA.org
ESM Is Published by The EEA: Your Source for Effective Stakeholder Management, Engagement, and Reporting
Through education, media, business development, advisory services, and outreach, the Enterprise Engagement Alliance supports professionals, educators, organizations, asset managers, investors, and engagement solution providers seeking a competitive advantage by profiting from a strategic and systematic approach to stakeholder engagement across the enterprise. Click here for details on all EEA and ESM media services.
1. Professional Education on Stakeholder Management and Total Rewards
- Become part of the EEA as an individual, corporation, or solution provider to gain access to valuable learning, thought leadership, and marketing resources to master stakeholder management and reporting.
- The only education and certification program focusing on Stakeholder Engagement and Human Capital metrics and reporting, featuring nine members-only training videos that provide preparation for certification in Enterprise Engagement.
- EEA books: Paid EEA participants receive Enterprise Engagement for CEOs: The Little Blue Book for People-Centric Capitalists, a quick implementation guide for CEOs; Enterprise Engagement: The Roadmap 5th Edition implementation guide; a comprehensive textbook for practitioners, academics, and students, plus four books on theory and implementation from leaders in Stakeholder Management, Finance, Human Capital Management, and Culture.
2. Media
- ESM at EnterpriseEngagement.org, EEXAdvisors.com marketplace, ESM e–newsletters, and library.
- RRN at RewardsRecognitionNetwork.com; BrandMediaCoalition.com marketplace, RRN e-newsletters, and library.
- EEA YouTube Channel with over three dozen how-to and insight videos and growing with nearly 100 expert guests.
3. Fully Integrated Business Development for Engagement and Total Rewards
Strategic Business Development for Stakeholder Management and Total Rewards solution providers, including Integrated blog, social media, and e-newsletter campaigns managed by content marketing experts.
4. Advisory Services for Organizations
Stakeholder Management Business Plans; Human Capital Management, Metrics, and Corporate Sustainability Reporting for organizations, including ISO human capital certifications, and services for solution providers.
5. Outreach in the US and Around the World on Stakeholder Management and Total Rewards
The EEA promotes a strategic approach to people management and total rewards through its e-newsletters, web sites, and social media reaching 20,000 professionals a month and through other activities, such as:
- Association of National Advertisers Brand Engagement 360 Knowledge Center to educate brands and agencies.