Managing corporate governance and board reputation and stakeholder engagement

Managing corporate governance and board reputation and stakeholder engagement is the capability of individuals to develop and implement governance policies and practices that promote a positive reputation and strong relationships with stakeholders, including customers, investors, employees, regulators, and the community. It involves understanding how to develop and implement governance frameworks that promote transparency, accountability, and ethical behavior, as well as effective communication and engagement with stakeholders.

Beginner competence definition

At a beginner level, a person with this capability should be able to perform basic tasks such as understanding corporate governance and board reputation and stakeholder engagement concepts and principles, identifying reputation and stakeholder engagement needs, and providing basic support for governance and board reputation and stakeholder engagement activities. They should also have a basic understanding of regulatory requirements related to corporate governance and be able to work effectively in a team environment.

Intermediate competence definition

Intermediate-level individuals have a deeper understanding of governance and board reputation and stakeholder engagement frameworks. They are able to develop and implement governance policies and practices that align with business objectives and comply with regulatory requirements. They can also develop and implement effective reputation and stakeholder engagement policies and practices that promote transparency, accountability, and ethical behavior, as well as effective communication and engagement with stakeholders.

Advanced competence definition

Advanced-level individuals have an expert-level understanding of governance and board reputation and stakeholder engagement frameworks. They can develop and implement complex governance and board reputation and stakeholder engagement programs that involve assessing and mitigating reputation and stakeholder engagement risks, managing stakeholder relationships, promoting transparency and accountability, and communicating decisions to stakeholders. They also have strong leadership and communication skills and can lead teams of governance professionals to achieve business objectives related to corporate governance and board reputation and stakeholder engagement. They are also knowledgeable in corporate governance and board reputation and stakeholder engagement industry trends and are able to recommend and implement best practices to ensure effective governance of the board and corporate governance policies and practices.