The Future of Advocacy: Stakeholder Management

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.

How it Works

Let’s say a Transportation Network Company (TNC) wants to start a grassroots campaign for an issue related to their industry, specifically ridesharing.

The issue that prompted the launch of the campaign revolves around the fact that one of the cities in which their company operates is facing challenges from a local government trying to pass legislation to prevent TNCs from operating and offering rides to the people living in this city.

In order to prevent the cessation of this organization’s operations, this TNCs’ government affairs team, as well as other internal stakeholders, launches a grassroots campaign where passengers and partner drivers are able to email, tweet, text or call legislators to convince them to support TNCs and oppose the introduced bill.

With FiscalNote, this TNCs’ government affairs team can launch the entire grassroots campaign, prompting their partner drivers and the public to reach out to legislators, and also start building the networks of influence needed to stop legislation banning their operations.

With each point of outreach done by the public and partner drivers on behalf of TNCs, the government affairs team is able to learn what messaging is and isn’t working, the most effective strategies that gain support, and who the top external stakeholders are within the government and public space to drive change.

From this, they can map out which influencer networks can be activated through social media, and other mediums.

In addition, every data point, from an email sent, to a meeting held, and subsequent notes from these meetings, can be logged into FiscalNote for all TNC team members to collaborate on to drive the necessary legislative outcomes.

By keeping all internal information and external stakeholder engagement records in a single system of record, the TNCs’ various teams are able to collaborate across the country on preventing anti-ridesharing legislation from passing.

All the teams and departments involved in this process know the entire cradle-to-grave life cycle of this legislation and can monitor it in real-time; from the tweets surrounding their issue, all the way up to the passage of the piece of legislation that prompted this campaign

In another brief example, let’s say a large steel manufacturing company with offices and plants across the world wants to launch a major sustainability effort across the world to prove to the company, the public, and the market that environmental issues are at the forefront of their business.

With FiscalNote, this major corporation would be able to launch an organization-wide sustainability effort using a digital issues management process involving multiple departments all aligned on the same outcome.

This corporation would, using FiscalNote, launch an outreach campaign to the various international stakeholders across the EU and other political entities to begin setting up meetings. The Communications team at this organization would be able to use FiscalNote to input the corporate-approved talking points and messaging for the government affairs representatives to use in their meetings across the globe around the sustainability effort. All of the meeting notes and talking points from the government affairs team meeting with these officials would be available in a single system of record updated in real-time for the C-suite to access and report on the successes and failures on the effort to the necessary stakeholders i.e. the media, other members of the organization, etc.

FiscalNote would allow this steel manufacturer to be able to launch and control the messaging of the sustainability effort using the built-in outreach tools as well as contact the necessary stakeholders to manage the issues affecting their organization.

Why You Should Care

Being able to manage all the relationships and networks your organization maintains in one place for easy cross-departmental collaboration is the key to effective advocacy.