During the first Earth Summit in 1992, nine major stakeholder groups were identified that to this day are still consulted in meetings of the United Nations. These are Children and Youth, Farmers, Indigenous Peoples, Women, Local Authorities, Workers and Trade Unions, NGOs and the Scientific and Technological Community. The ninth group is Business and Industry. These are the world’s shareholders and they each have a say in how we move forward.
At the same time businesses themselves also have a range of stakeholders that affect them and are affected by them. This includes employees and their families, the community, the media, international organizations, government, educational institutions, business partners etc.
A key skill of graduates moving forward will be to able to identify, communicate and work with these different groups as they are a key part of businesses ability to do business. This new class would introduce students to these different groups, how to identify them, how to better understand their perspectives, how each communicates and the language that they use and how to work and collaborate with them.