In making determination of the best ways of defining the strategies, creating new corporate social sustainability, risk management, and growth based model for this business which will help to the corporate people, executives to the company and the employees who are working for the companies. For this improvement the one section of people of the organizations must take some initiatives to have interaction with the local people and let it know about their views to the organization and what they want from the organizations, all these things if evaluated frequently then it will be very easy to track the company’s growth in terms of customer satisfactions which will result in their financial indicators too.Stakeholder engagement is a process that can provide a variety of challenges ranging from stakeholder apathy to stakeholder militancy. It can also require a significant commitment of time and resources from the organization. However, a proactive approach should help to provide improved performance (sustainability and otherwise) and enhanced public relations. “Stakeholder engagement” can provide substantial benefits through the review of positive and negative public opinion. It may used to evaluate an organization’s (proposed) activities and its (proposed) products/services. The goal of stakeholder engagement will vary for each organization but it may be any one, or several. So we can say that the opinion for stakeholders will depend upon their stakes and the responsibilities they have in the organization.