Stakeholder Engagement: Successful implementation of the SIAM strategy requires buy-in from all
key stakeholders, including the ZYXUK Management Board.
Perspective Consideration: Demonstrating that the perspectives and concerns of ZYXUK stakeholders
have been considered helps in gaining their support. It shows that the strategy is tailored to address
their specific needs and challenges.
Communication Strategy: Clear and transparent communication about how stakeholder feedback has
been incorporated can alleviate concerns and build trust.
Alternative Approaches:
Delaying implementation (Option A) can stall progress and may not address underlying concerns.
Teaming board members with strategy team members they know (Option B) might help but does not
ensure understanding and buy-in at a strategic level.
Financial incentives (Option D) may be seen as coercive and can undermine genuine commitment to
the strategy.
Conclusion: Ensuring stakeholders understand how their input has shaped the strategy is the most
effective approach to securing their support and facilitating smooth implementation.
Reference:
SIAM Foundation Body of Knowledge (BoK), Chapter on Stakeholder Engagement and Management
SIAM Professional Body of Knowledge (BoK), Strategic Alignment Sections