What is Stakeholder Management?
Stakeholder management is the process of identifying, analyzing, and engaging with individuals, groups, or organizations that can affect or be affected by a project, program, or business. The goal of stakeholder management is to ensure that the interests, expectations, and concerns of these stakeholders are appropriately addressed to achieve the desired outcomes and success of the initiative.
Stakeholder Management | Introduction, Types and Strategies
Stakeholder management is the process of identifying, analyzing, and engaging with individuals, groups, or organizations that can affect or be affected by a project, program, or business. Stakeholders, ranging from employees and customers to investors and regulatory bodies, play pivotal roles in shaping the success or challenges faced by an initiative.
Effective stakeholder management involves understanding the diverse needs, expectations, and concerns of these parties, and strategically aligning organizational decisions and actions to foster positive relationships and mutual understanding.
Table of Content
- What is Stakeholder Management?
- Types of Stakeholder Management:
- Steps to Identify Your Product Stakeholders.
- Why Is Stakeholder Management Important to Product Management?
- Best Strategies for Stakeholder Management:
- What are the roles of stakeholders in product management?
- Conclusion: Stakeholder Management
- FAQs : Stakeholder Management