They can be divided into two groups: internal stakeholders and external stakeholders.
Internal stakeholders can be an organization’s members, employees, contractors, and subsidiaries, while external stakeholders constituent everyone from public officials, staffers, affiliates, clients, supporters, and even competitors, to name just a few.
Wrestling this large group into one cohesive alliance, projecting the same message, around a common issue is stakeholder management.
For organizations involved in grassroots, grasstops, and direct advocacy, the needs and opportunities are obvious. The solution on a scalable way to advance your agenda might not be as apparent.
The Solution
For years organizations have been underscoring the idea that managing and aligning stakeholders is a critical part of the issues management process.
Being able to better understand how the people and organizations in their compilation of contacts are related to each other, and how they’re related to the issues, geographies, news, and policy is an obvious win.
FiscalNote’s data, workflow, and analytics platform is designed to help organizations of all shapes and sizes manage the impact of the outside world. The platform allows for combining key internal information (from PR strategies to projected regulatory impact), with a massive amount of external information (including current and pending government policy from the statehouses to Congress, and around the world) in a single location.
Then it lets you organize all of that around the issues that affect you most.
The end result is a single source of truth, updated in real-time, that connects everyone in your organization to the information they need, wherever they go.
For organizations that need to advocate for or against change, FiscalNote serves as a central hub from learning, to strategizing, to acting, in one location for seamless collaboration.
Internal and external stakeholders are able to share knowledge between grassroots, federal, state, and international government affairs teams, coordinate media and PR efforts across global offices, and manage resources and efforts across different functions.
Teams and organizations are able to build and launch advocacy campaigns, track progress with real-time activity reports, mobilize supporters with acutely targeted messaging, newsletters, surveys, report cards, and post-mortems, all in one place.
Everyone on the platform can follow the beginning and end of the entire legislative and regulatory process by monitoring how issues begin and develop. That breaks down the silos that hinder effective and actionable stakeholder management.