Collaborate with an enterprise venture stakeholders

This standard is for intrapreneurs who collaborate with an enterprise venture stakeholders. When it comes to a new enterprise venture you need to identify different stakeholder groups to support the development and delivery of the business. It involves taking a planned and objective approach to identifying the needs of stakeholders, both internal and external to the organisation, unpacking their needs and working through responses to address these needs. It is recommended for professionals who are looking to make a positive, proactive and sustained difference to the enterprise venture.

An 'organisation' can mean an independent entity such as a private sector business, a local authority, a social enterprise, a charitable or voluntary organisation, or a significant operating unit, with a relative degree of autonomy, within a larger organisation. It can also refer to a formal partnership where two or more organisations are working together towards common goals. A 'venture' refers to an idea for a new activity, development or project which will make a difference to the economic and/or social performance of the organisation. 'Business environment' refers to the organisation's external and internal environment.

1. identify stakeholders and their needs in relation to delivery of the venture
2. identify the types of influence that internal and external stakeholders may have on the delivery of the venture
3. consult with stakeholders to analyse their needs in relation to enterprise opportunities
4. identify any potential conflicts of interest between different groups of stakeholders
5. manage all conflicts of interest with relevant policies and procedures
6. use different ways of testing the viability of the proposed enterprise venture in addressing stakeholder needs
7. consult with colleagues to evaluate the current performance of the teams in the organisation and ability to support the venture
8. seek and use the advice and guidance from other members of staff in the organisation
9. define criteria to measure the venture's contribution
10. review the contribution of the venture to the priorities and goals of the organisation
11. identify and resolve different internal and external challenges to address needs through the venture
12. review acceptance of the venture within the organisation
13. identify and review the options for addressing any identified gaps in resources and agree actions

1. why it is important to identify and understand the needs of colleagues in the organisation
2. how to develop tools to consult with other members of staff around the needs of the organisation and key stakeholder groups
3. the methods of analysing the needs of different groups of internal and external stakeholders
4. how to consult with stakeholders to identify their needs from the organisation
5. how to review and analyse the current performance of the organisation in engaging with internal and external groups of stakeholders
6. the different stages in the process of analysing stakeholders' needs
7. the relevant policies and procedures for managing conflict of interest
8. the sources of internal advice and guidance in making sense of the outcomes from the analysis of identified needs
9. why it is important to take account of the influences and priorities placed in different parts of the organisation
10. the measures for reviewing the degree to which needs will be met by the new venture and how to use them
11. the different types of needs which will be expressed by colleagues and stakeholders of the organisation
12. the influences of the individual members of staff on the needs of the organisation
13. how to understand the impact of different challenges and barriers on implementation of the venture, including resources