7 Hidden Costs of Not Having Stakeholder Management Software

June 21st, 2017

Wondering if you need specialized Stakeholder Engagement Software like Darzin? This handy infographic covers some of the ‘hidden’ costs of not having an adequate system to manage your Public Consultation and Community Engagement programs.

Can you relate to these?

costs of not having a stakeholder management solution

 

Increased risk of not utilising the benefits of a stakeholder engagement practice software can easily be cut by implementing it. The associated costs of poor stakeholder management can snowball out of control in some situations. Clarity and transparency on stakeholders, their level of interest, impact and influence on projects are essential to recognising risks before they occur. One source of truth helps the team to understand and collate data and findings together, always keeping up to date.

Consultation is essential, but it’s even more important to recognise that you can’t have good practices without the right tools to help you along.

Do have a look at our guide to selecting the right consultation management tool if this is something you are looking into. There are a number of compelling reasons why stakeholder relationship engagement software does the job a lot better than an Excel spreadsheet or a CRM system. We have a number of resources that can help you build a business case if you need to convince people of the need for specialist software. Get in touch if you’d like some additional resources.