← AI Glossary

Stakeholder Engagement

The systematic process of identifying, consulting and incorporating the perspectives of all parties affected by or involved in an AI system throughout its lifecycle.

In plain language

Talking to everyone who has a stake in your AI system: customers, employees, regulators and community groups. Understanding their concerns and incorporating their feedback helps build confidence that the AI will work for them.

Why this matters

AI governance cannot operate in isolation. Engaging stakeholders helps organisations identify risks early, build trust and ensure AI systems deliver value to all affected parties. In the Australian context, stakeholder engagement aligns with expectations under privacy regulation, industry standards and the Voluntary AI Safety Standard.

Relevance

Governance

Establishes that legitimate AI governance requires input from all affected parties, supporting transparency, risk identification and social licence for AI deployment.

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