Stakeholders

  • Trainer: IT Gov. Network
  • Released: 20-09-2025
  • Duration:
  • Price: R 200.00

Stakeholders

King V - Stakeholders

Adopting Inclusive Approaches for Material Stakeholder Interests

Course Overview This specialized online course, based on the King V Code on Corporate Governance for South Africa by the Institute of Directors in South Africa, focuses on Principle 12, which requires the governing body to adopt a stakeholder-inclusive approach in the best interests of the organization over time. King V integrates ethical leadership with sustainable value creation, emphasizing integrated thinking, Ubuntu, stakeholder inclusivity, and governance outcomes such as performance, conformance, and legitimacy within economic, social, and environmental contexts.

Key Learning Objectives

  • Understand Principle 12: The governing body's adoption of a stakeholder-inclusive approach that accounts for material stakeholders' interests, with delegation options to social and ethics committees.
  • Examine stakeholder relationship practices, including setting direction; approving policies; delegating implementation; and overseeing systematic approaches for identification, materiality determination, risk management, engagement mechanisms, and relationship quality measurement.
  • Explore shareholder engagement (for companies): Recognize legal rights, encourage proactive interactions at AGMs, ensure committee representation, equitable treatment, and public disclosure of minutes.
  • Address group company relationships: Direct governance frameworks, ensure subsidiary independence, avoid conflicts with legal documents, and cover delineations of rights, delegations, policy adoptions, and information use risks.
  • Apply the Code's outcomes-based structure, scalable practices for steering, approving, overseeing, and accountability, with an "apply and explain" regime for proportional sector application.

Who Should Enroll? Board members, stakeholder relations managers, governance professionals, and executives in corporate, public, or non-profit organizations aiming to enhance inclusive governance and stakeholder trust in South Africa.

Course Features

  • Self-paced modules with engagement simulations, case studies, and assessments.
  • Duration: 1-2 hours.
  • Includes King V resources, stakeholder templates
  • Certification.

Benefits Develop strategies to manage stakeholder risks, foster equitable engagements, and align interests for long-term viability. Strengthen organizational legitimacy, ethical conformance, and sustainable outcomes through inclusive practices.

Guru

Established in 2004, the IT Governance Networked has pioneered the evolution of information and technology governance.

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