Why digital approach for Stakeholder Engagement?

In today’s digital world, when most of the important work could be carried out online without meeting in person, will it make sense if you spend hours in briefings and meeting stakeholders for every minor step of the project. With emerging technologies such as in the field of digital stakeholder engagement, the solutions we get are viable and meet the expectations of the target audience (stakeholders, in this case). In short, stakeholder engagement going online, brings in a lot of benefits, some of which are mentioned below:

1. Cost benefit

Digital approach is not as expensive as the traditional one. How, you ask? Well, while the traditional methods account for expenses like production costs, labour-intensive activities, travel expenses, etc. the digital approach doesn’t include any such cost. Furthermore, the time saved leads to better utilization of the time and hence more productivity.

2. Personal Touch

Another advantage of digital approach over traditional one is the ability to manage the primary stakeholder groups at the individual level. When you manage the stakeholders on a one-to-one basis, you are in a better position to understand their expectations and  hence fulfil them to the fullest. Moreover, since you are talking to them in a virtual environment, you don’t have to bear the cost of commuting, which you can invest elsewhere in the business and thus add more value to it.

3. Benefits of timely stakeholder engagement

You can communicate from anywhere and at anytime with your stakeholders via these digital platforms, keeping them engaged and their interest alive. This further lets you build a mature and trusting relationship with your stakeholder.

4. Transparent stakeholder engagement

Being one of the most essential parts of the project, stakeholders would want to know everything about the project; they would like to know about all the recent developments in the project and digital stakeholder engagement platform offers transparency; stakeholders are constantly updated about all the progress. Such practices further ignite a sense in stakeholders to participate and give their best for the project.

5. The modern stakeholder

While it’s your personal choice to opt or not to opt for the digital platform, in today’s world when everybody has a smart phone/device, most of the stakeholders would prefer a platform that can be accessed from remote location.

If you want to avail all these benefits, or rather, we would say much more benefits than the ones mentioned, then come to us at Engagement Hub. We, Engagement Hub are a highly sophisticated and intuitive engagement and consultation toolbox. We offer more than 20 informative and engaging tools to engage your stakeholders like never before. Ours is a flexible and customizable tool that can be customized as per your needs. And in case you need suggestions and help, you can always feel free to contact our team of specialists who will address your issues, understand your requirements and guide you accordingly. Want to know more about us? Check us out at – https://engagementhub.com.au/stakeholder-relationship-management or give us a call at -  (02) 8007 4277.