Stakeholder analysis involves identifying and analyzing the stakeholders that are likely to affect or be affected by a particular company activity, then planning to communicate and engaging with them. It is widely used in project management to develop engagement and cooperation between project team and project stakeholders. Other applications include conflict resolution, organizational transformation and change management.
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Stakeholder Analysis
A Stakeholder is any party who may have an interest in an organization’s activity or could be affected by its outcomes. Stakeholders can be any internal or external individuals, groups, departments, business units, or organizations. Examples of stakeholders for an organization are employees, customers, suppliers, competitors, shareholders, financial institutions, government agencies, and the media.
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