Issues management involves monitoring potential issues, analyzing risks and opportunities they present, understanding stakeholder perspectives, and developing strategies to address issues before they become crises. Key aspects of issues management include conducting environmental scans, using analytical tools to evaluate issues, researching stakeholders, monitoring the issue lifecycle, and employing techniques like media programs, masterly inaction, and stakeholder analysis. While there is no perfect system, issues management aims to continually align organizational strategy with external realities in order to bring external perspectives inside the organization and proactively address issues.