It’s Never Been More Important for Big Companies to Listen to Local Communities

Harvard Business

On paper, the project seemed like it would be a hit: The investment by the mining company would bring jobs and 21st-century technology to an economically poor area and tax revenues to the government. For example, the delays associated with social conflict at large mining operations can run in the vicinity of $20 million per week. ” Building and sustaining local stakeholder support for a major investment is the new frontier of successful management and risk assessment.