An Organisation is defined as stakeholder who has an interest in the company’s decisions or activities and can influence or be affected by those decisions and activities. Organisations may be legal entities, such as businesses, associations, government bodies, institutions, representative bodies and non-government organisations. However, organisations may also be unregistered, loosely connected, groups of people with a common interest.
The organisations register is used to capture information about any organisation that is a stakeholder of the company. Recording an organisation’s details enables the company to communicate with the organisation, record all engagements and understand the organisation’s influence, issues and concerns regarding the company’s activities.