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Here's how you can foster strong relationships with stakeholders in the philanthropy sector.

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In the realm of philanthropy, establishing and nurturing connections with stakeholders is paramount for the success and sustainability of your initiatives. Whether you're a seasoned philanthropist or just starting out, understanding the importance of these relationships can make a significant difference in your impact. Stakeholders in philanthropy can include donors, community members, beneficiaries, staff, and volunteers, each playing a critical role in your mission. By engaging with them genuinely and strategically, you can build a robust network that supports your goals and amplifies your efforts.

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Oniye O.

Policy and Partnerships Officer at The Tony Elumelu Foundation.

1 Listen Actively

Active listening is the cornerstone of any strong relationship. In philanthropy, this means genuinely understanding the perspectives, needs, and motivations of your stakeholders. By paying close attention to what they say and how they say it, you can gain invaluable insights into their expectations and concerns. This attentiveness not only fosters trust but also enables you to tailor your approach to meet their interests, ultimately strengthening your partnership and advancing your philanthropic objectives.

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Brenda Sedgwick

Founder | Registered Psychotherapist | Certified Governance Coach | Consultant
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Interactive listening "gets it right". Transcending limits of individual mental filters, or group think, is a learned choice. One path to limit bias is to increase exposure to difference. Differences of significance will otherwise disrupt coherence: Alliance is a critical resource to flow toward shared meaning. One crucial foundation to alliance building is quality of the energetic vibration. That energetic pulse can be said to wire together collective neurosystems into a relational Gestalt. In this way, doing development work and persuading investors, partners, and other stakeholders is enriched when professionals learn and apply same knowledge systems & techniques as psychotherapists and organizational psychologists.

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Oniye O.

Policy and Partnerships Officer at The Tony Elumelu Foundation.
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I've found that listening to understand the needs of your stakeholders is extremely important. It ensures everyone is on the same page and that there is complete alignment in the work to be done and this ultimately strengthens the partnership.

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2 Communicate Clearly

Clear communication is essential for aligning expectations and building trust with stakeholders. It's important to articulate your vision, goals, and the role each stakeholder plays in achieving them. Regular updates on progress and setbacks keep everyone informed and engaged. Transparency about challenges and how you're addressing them can also reinforce stakeholders' confidence in your commitment to the cause and their role in it.

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3 Show Appreciation

Recognizing the contributions of stakeholders is a powerful way to cement relationships. This can be as simple as expressing gratitude for their support or as elaborate as hosting appreciation events. Acknowledging their efforts not only validates their involvement but also encourages continued engagement. It's a gesture that resonates emotionally and reinforces their commitment to your philanthropic endeavors.

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4 Collaborate Effectively

Collaboration is the lifeblood of successful philanthropic work. It involves creating opportunities for stakeholders to work together towards a common goal. When stakeholders are actively involved in planning and decision-making, they feel a sense of ownership and are more invested in the outcome. Effective collaboration requires setting clear expectations, fostering an inclusive environment, and recognizing the unique value each stakeholder brings to the table.

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Oniye O.

Policy and Partnerships Officer at The Tony Elumelu Foundation.
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Imbibing the spirit of collaboration and a ''get things done'' approach allows for teams and relevant stakeholders to bring their most creative ideas forward. When working across teams, organizations and cultures, it is important for all stakeholders to know they can trust each other and can use tools at their disposal to make for better delivery of all tasks. When teams work collaboratively, they can troubleshoot and create innovative solutions in real time.

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5 Provide Support

Supporting stakeholders goes beyond financial assistance; it includes offering resources, training, or advice to help them contribute effectively to your cause. When stakeholders feel supported, they are more likely to be engaged and motivated. Providing support can also mean creating a responsive feedback mechanism where stakeholders can voice their ideas or concerns, ensuring they feel heard and valued.

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6 Foster Growth

Lastly, fostering the growth of your stakeholders can lead to stronger, more enduring relationships. Encourage their professional development and offer opportunities for them to expand their skills and knowledge within the philanthropy sector. This not only benefits your cause by enhancing their ability to contribute but also shows you are invested in their personal success, which can deepen their loyalty to your organization and mission.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Monica Fox Elenbaas

Admiral at s/v Grateful, Citizen of the World
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Pay attention to other causes, relationships and activities that matter to people that you wish to cultivate towards your cause. Done consistently, this behavior demonstrates your real interest in them as a whole person -- not just for what you want or need from them. I used to keep a folder on my desk (and later, computer) into which I dropped stories about people I was cultivating. When I had a free moment, I would include the article with a handwritten note offering congratulations, connections or condolences.

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Here's how you can foster strong relationships with stakeholders in the philanthropy sector.

1

2

3

4

5

6

7

1 Listen Actively

2 Communicate Clearly

3 Show Appreciation

4 Collaborate Effectively

5 Provide Support

6 Foster Growth

7 Here’s what else to consider

Philanthropy

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Here's how you can foster strong relationships with stakeholders in the philanthropy sector.

1

2

3

4

5

6

7

1 Listen Actively

2 Communicate Clearly

3 Show Appreciation

4 Collaborate Effectively

5 Provide Support

6 Foster Growth

7 Here’s what else to consider

Philanthropy

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