Definition of «stakeholder»

A stakeholder is an individual or group that has a legitimate interest in a particular organization, project, or decision-making process. This term can refer to anyone who may be affected by or have influence over the outcome, including employees, customers, suppliers, shareholders, government agencies, and members of the community. Stakeholders often play an important role in shaping the direction and success of a business or initiative because their interests and opinions must be taken into account to ensure that all parties are satisfied.

Usage examples

  1. Stakeholder analysis: Identify and categorize all stakeholders involved in a project or decision-making process.
  2. Stakeholder engagement: Engage with stakeholders through meetings, focus groups, or surveys to gather their input and opinions.
  3. Stakeholder management: Develop strategies to manage and satisfy the interests, needs, and expectations of stakeholders.
  4. Stakeholder communication: Regularly communicate updates, progress, and outcomes with stakeholders through various channels like emails, newsletters, or presentations.
  5. Stakeholder influence: Recognize the influence and power that certain stakeholders hold and consider their impact on the project or organization.
  6. Stakeholder conflict resolution: Resolve conflicts or disagreements among stakeholders by encouraging open dialogue or finding mutually beneficial solutions.
  7. Stakeholder collaboration: Foster collaboration and cooperation among stakeholders to achieve common goals or project objectives.
  8. Stakeholder feedback: Gather feedback and evaluate stakeholder satisfaction to improve decision-making processes and project outcomes.
  9. Stakeholder accountability: Hold stakeholders accountable for their commitments, roles, or responsibilities in achieving project success.
  10. Stakeholder alignment: Ensure that stakeholder interests and expectations align with the organization's overall mission, vision, and values.
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