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Jun 7, 2023 · Learn what corporate affairs is and why it matters for companies and stakeholders. Explore the objectives, domains and skills of corporate affairs professionals and their role in communication and reputation management.
How has the role of corporate affairs directors changed in response to disruptive challenges and Covid-19? This report explores their expanded scope, influence and skills, and how they shape strategy and reputation.
- A Rising Role For Stakeholder Engagement—And The Business Value at Stake
- The Struggle to Succeed
- The Capabilities That Drive Success
- Looking Ahead
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After several years of surveys on engaging external stakeholders, respondents now say the topic is a higher priority than ever before for their companies’ leaders (Exhibit 1). External affairs now ranks as a top or top three priority for more than half of CEOs, and boards also are paying more attention than they have in past years. When asked about...
Despite the growing focus on external relations and the recognition of the value at stake, responses suggest that success is rare. Only 11 percent of executives say their companies frequently succeed at shaping government and regulatory decisions, and there are no regions or industries where more than one in five respondents report success. Managin...
While success in external affairs is rare, it’s not impossible—and it depends on more than just active engagement. We looked at 27 specific external-affairs capabilities in an effort to understand exactly how and where the most successful organizations are excelling. Executives at these organizations are more likely than other respondents to report...
Take an analytical approach.Most survey respondents expect that governments and regulators will grow more involved in their industries over time—and that there are real implications for company val...Reimagine the organization.To succeed in external affairs, organizations need the right structure and people to support it. For many companies, this requires a rethinking of the function’s setup, s...How do companies engage with external stakeholders and what capabilities drive success? The fifth McKinsey Global Survey on external affairs reveals the challenges and opportunities for companies in various industries and regions.
Mar 27, 2022 · The corporate affairs manager helps a corporation navigate major transitions and forge its public image. This means that the role must always have an eye on changing government relations, sales projections, marketing initiatives, external stakeholder engagement, and company morale.
As a corporate affairs leader, you have to think and operate cross functionally. You have to understand the CFO’s world, the CHRO’s world, and the rest of the C-suite – and then understand how to message, engage and persuade their stakeholders.
Jan 9, 2023 · Learn from thirty CA Directors how they navigate crises, earn trust and create value for their organisations. Explore their insights, strategies, challenges and trends for 2023.
Dec 18, 2023 · Odette Maher shares her experience and insights from attending the Corporate Affairs Academy at Oxford's Said Business School in 2023. She discusses the topics of AI, strategy, authenticity and stakeholder engagement in the context of corporate affairs.
