Postgraduate Course: Managing Stakeholder Communications (MBA) (CMSE11222)
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Not available to visiting students
|Summary||The course aims to prepare future business leaders to recognise its multiple stakeholders, manage and consistently communicate a corporate vision and brand strategy and to know how to respond to crises if they occur. The course will help students identify the complex web of corporate stakeholder relationships; identify potential crisis issues; understand the importance of consistent communications to establish and maintain reputation and trust; devise processes to manage ongoing communications; consider tools to assist in building strong stakeholder relationships; develop tools to help influence the influencers; and devise processes to ensure the effective management of crises.
The traditional paradigms of corporate and marketing communications are being challenged in an increasingly complex global environment including 'wicked problems' and world economic crises. At the same time, businesses must adapt to increasingly knowledgeable and powerful stakeholders who expect immediate, 24/7, often personalised, communication from organisations. If concerns are identified by stakeholders, they can be shared worldwide in seconds via digital media. Whereas in previous generations, businesses could compartmentalise and manage stakeholder relationships, today¿s technology ensures the corporate brand is more a co-creation by stakeholders and the organisation, based on trust, transparency and sharing. More than ever, external and internal communications need to be strategically managed, consistent and timely to build commitment between the organisation and its stakeholders. Business leaders need to understand the dynamic environment, the inter-connectivity of stakeholders and the consequences of poor communications. A clear and consistent corporate vision and brand is needed to build trust. Business Leaders need to understand the processes and tools available to achieve affective communication. They need to recognise, anticipate and respond to potential issues/crises before they develop and create permanent damage. This course will address a significant gap in traditional management education.
Theoretical context, stakeholders, inter-relationships and potential issues.
Corporate vision, leadership and brand; Building stakeholder relationships.
Strategic tools to help communicate the vision and brand.
Day to day management: communications planning process and media management (including social media tools).
Influencing the influencers: investor relations, government/NGOs, local/national funders, banks and specifically key shareholders.
Integrated view of stakeholder relations; Issues and crisis management.
Student Learning Experience
The format will involve interactive lectures, case studies, buzz groups, student presentations; expert panel interviews and guest lecturers; simulated crisis role play and in-class debates.
Entry Requirements (not applicable to Visiting Students)
||Other requirements|| For Business School PG students only, or by special permission of the School. Please contact the course secretary.
Course Delivery Information
|Not being delivered|
On completion of this course, the student will be able to:
- Understand and critically discuss the importance of stakeholder relationships.
- Understand and critically discuss the importance of strategic leadership, clarity of vision and consistency of brand in order to build relationships and trust.
- Critically evaluate the role of relationship tools such as lobbying, sponsorship and CRM, and how to integrate them in communication planning.
- Devise processes and plans to manage consistent stakeholder communications.
|Roper S and Fill C (2012) Corporate Reputation: Brand and Communication, Pearson, England|
Further reading will be provided for each lecture, including case studies.
|Graduate Attributes and Skills
||Cognitive and Subject Specific Skills:
Devise processes and plans to manage consistent stakeholder communications.
Recognise 'wicked issues' and concerns pertinent to a specific sector and devise plans to respond and manage crises.
Demonstrate confidence in identifying communication issues, and planning effective communication strategies.
Think critically and adapt to change, appreciating the importance of communications for any organisation.
Build on written and verbal reasoning, communication and research skills.
Be able to strategically plan and communicate, as well as contingency plan, in the context of an unexpected disaster.
|Keywords||Communications Strategy Crisis Corporate Stakeholder
|Course organiser||Mrs Caroline Marchant
Tel: (0131 6)50 3807
|Course secretary||Mrs Angela Muir
Tel: (0131 6)51 3854