The Art of Stakeholder Management: A Guide to Identification and Prioritisation
The Importance of Stakeholder Management: Identifying & Prioritizing Stakeholders Effectively In today’s dynamic business environment, no project or organization can succeed in isolation. Every initiative — big or small — relies on the support, influence, and engagement of various stakeholders. Effective stakeholder management ensures that these relationships are nurtured, expectations are managed, and objectives are met smoothly. In this blog, we’ll explore: Why stakeholder management matters How to identify your stakeholders How to prioritize your work according to stakeholder needs What is Stakeholder Management? Stakeholders are individuals, groups, or organisations who can affect or be affected by the outcomes of a project, decision, or policy. These can include employees, customers, suppliers, investors, government bodies, and even the local community. Stakeholder management involves identifying, analysing, and systematically engaging with these parti...
