Board evaluation template

Stakeholder management

Examine how well the board understands and oversees the organisation’s relationships with its key stakeholders.

How to use this template

Sample stakeholder management questions

Organisations operate within a web of stakeholders, from shareholders and regulators to employees and communities. This template helps the board assess whether it understands those relationships and oversees them with appropriate attention.

These questions are a sample of the BoardOutlook stakeholder management diagnostic. The complete diagnostic is intended to be used on the BoardOutlook platform.

The board understands the organisation’s key stakeholders and their expectations.
The board oversees engagement with shareholders and investors effectively.
Regulatory and community relationships receive appropriate board attention.
The board considers stakeholder impact in its major decisions.
The organisation’s reputation and social licence are actively overseen.

Why it matters

Why stakeholder oversight matters

Value and reputation are increasingly shaped by how an organisation treats its stakeholders, not only its shareholders. Boards that overlook this find risk arriving from unexpected directions.

A stakeholder review helps the board map who matters, test whether engagement is adequate, and factor stakeholder impact into the decisions that carry the most weight.