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Corporate Diplomacy by Witold Henisz

In a world of viral digital media, external stakeholders can dramatically influence corporate reputations and shareholder value. In his informative new book, Corporate Diplomacy, author Witold Henisz — Deloitte & Touche Professor of Management at The University of Pennsylvania’s Wharton School — outlines the competitive need for a strategic integration of stakeholder-facing functions, to create value for society as well as shareholders. Henisz highlights six elements of corporate diplomacy. He uses a series of case studies to illustrate the challenges facing corporate stakeholder-engagement practitioners, whose value is often underappreciated, and offers helpful tools and guidance for how practitioners can bolster their influence and better communicate their value in bottom-line numbers.

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