What is a “Chinese wall” in a stakeholder strategy and how can it help you?
30 Sep 2019 | Strategy & Risk
Transcript:
“A Chinese wall helps the company take out the risk that may be associated with asking a direct question.
Let’s say you’re an international oil company and you want to find out whether the local stakeholders in a specific project are going to accept you as a foreign company. If you, as a foreign company, go and ask the question, the answers will 100% be biased, either completely rejecting you or unconditionally endorsing you. Whereas the reality may be actually somewhere in between. And that’s why a consultant going in there and protecting the identity of the client can actually get the more nuanced answers and then use those nuanced answers in developing the strategy.“
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